The Accounts Recelvable balance for Pigrim, Inc, at December 31,2023 , was $22,000. During 2024, Pilgrim eamed revenue of $458,000 on account and collected $327,000 an account. Pilgrim wrote off $6,200 receivables as uncollectible. Industry experience suggests that uncollectible accounts will amount to 6% of accounts receivable. Read the Requirement 1. Assume Pligrim had an unausted $2,200 creda balance in Allowance for Bad Debts at December 31, 2024. Joumalize Pigrim's December 31,2024 , adjustment to record bad debts expense using the percent-of-receivables method. (Record debits fint, then credits. Select the axplanation on the last line of the joumal entry table.) Requirements 1. Assume Pilgrim had an unadjusted $2,200 credit balance in Allowance for Bad Debts at December 31, 2024. Journalize Pilgrim's December 31,2024 , adjustment to record bad debts expense using the percent-of-receivables method. 2. Assume Pilgrim had an unadjusted $1,800 debit balance in Allowance for Bad Debts at December 31, 2024. Journalize Pilgrim's December 31, 2024, adjustment to record bad debts expense using the percent-of-receivables method