The Accounts Recolvable balance for North, Inc. at December 31, 2023, was $26,000. During 2024, North camed reverue of $452,000 on acecunt and enlected $372,600 on account. North wrote off 56,200 recehables an uncolloctible Industry experience suggests that uncelloctible accounts will amount to 3% of accounts raceivablo Fiead the restivemonts Requirement 1. Assume North had an unadjusted 52.600 crede balance in Allowance for Bad Debts at December 31, 2024. Journalize North's December 31, 2024, adjustment to rocord bad debes expense using the percent of receivables method. (Record debits first, then credits. Select the explanabon on the last line at ithe joumal entry table. ) Journalize Northis Decernben oon the last line of the journal Requirements 1. Assume North had an unadjuated $2,600 credit balance in Allowance for Bad Debts at December 31, 2024 Joumalize North's December 31, 2024, adjustment to record bad debts expense using the percent-of-receivables method 2. Assume North had an unadjusted $1,700 debit balance in Allowance for Bad Debts at December 31, 2024 Journalize North's December 31, 202.4, adjustment to record bad debts expense using the percent-of-receivables method