i Data Table X Question Help Year - round Retreats had the following balances at December 31, 2024, before the year-end adjustments: (Click the icon to view the balances.) The aging of accounts receivable yields the following data: Accounts Receivable Allowance for Bad Debts (Click the icon to view the accounts receivable aging schedule.) 78,000 1,692 Requirements 1. Journalize Year - round's entry to record bad debts expense for 2024 using the aging-of-receivables method. 2. Prepare a T-account to compute the ending balance of Allowance for Bad Debts. Print Done Requirement 1. Journalize Year - round's entry to record bad debts expense for 2024 using the aging-of-receivables method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts Debit Credit i Data Table - X Dec. 31 Bad Debts Expense Allowance for Bad Debts Age of Accounts Receivable 0-60 Days Over 60 Days Total Receivables Recorded bad debts expense for the period. Accounts Receivable $ 74,000 $ 4,000 $ 78,000 Requirement 2. Prepare a T-account to compute the ending balance of Allowance for Bad Debts. Estimated percent uncollectible x 2% x 21% Allowance for Bad Debts Beginning Balance Print Done Adjustment Ending Balance ? Choose from any list or enter any number in the input fields and then continue to the next question. MacBook Air DII DD A F10 F12 20 888 F8 esc F3 F4 F5 F1 @ # % & delet