the allowance method to account for uncollectibles.

Read the requirements.

Requirement $1.$ Journalize Fall Wine Tour's Bad Debts Expense using the percent$-$of$-$sales method. $($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit$],[$Dec$.,,,],[,,,],[,,,]]$

Requirements

Journalize Fall Wine Tour's Bad Debts Expense using the percent$-$of$-$sales method.

Show how to report accounts receivable on the balance sheet at December $31,2024.$