Question: At January 1 , 2 0 2 4 , Mount Pleasant Flagpoles had Accounts Receivable of $ 3 4 , 0 0 0 and Allowance

At January 1,2024, Mount Pleasant Flagpoles had Accounts Receivable of $34,000 and Allowance for Bad Debts had a credit balance of $4,000.
Record the following transactions assuming the allowance method is used:
1. Sales of $172,000($157,000 on account, $15,000 cash)
2. Collections on account of $126,000
3. Write offs of uncollectible receivables of $2,700

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