Check my work 10 Required information Exercise 5-13A Compare the allowance method and the direct write-off method (LO5-6) Part 1 of 3 The following information applies to the questions displayed below At the beginning of 2021, Brad's Heating & Air (BHA) has a balance of $26,000 in accounts receivable. Because BHA is a privately owned company, the company has used only the direct write-off method to account for uncollectible accounts. However, at the end of 2021, BHA wishes to obtain a loan at the local bank, which requires the preparation of proper financial statements. This means that BHA now will need to use the allowance method. The following transactions occur during 2021 and 2022. 107 points 1. During 2021, install air conditioning systems on account. $190,000. 2. During 2021, collect $185,0000 from customers on account 3. At the end of 2021, estimate that uncollectible accounts total 15 % of ending accounts receivable. 4. In 2022, customers' accounts totaling $8,000 are written off as uncollectible eBook Hint Ask Exercise 5-13A Part 1 Required: 1. Record each transaction using the allowance method. (If no entry is required for a Entry Required" in the first account field.) Print particular transaction/event, select "No Journal References View transaction list Journal entry worksheet 3 4 1 During 2021, install air conditioning systems on account, $190,000. Note: Enter debits before credits Debit Credit General Journal Transaction 11 12 of 14 Next 10