Journalize the transactions $($omit explanations$).$ The T$-$accounts for Accounts Receivable and Allowance for Bad Debts have been opened for you. Post the transactions to the two T$-$accounts.

Show how Park Terrace Medical Center should report net accounts receivable on its December $31,2024,$ balance sheet.At September $30,2024,$ the accounts of Park Terrace Medical Center $($PTMC$)$ include the following

$\backslash$table$[[$Accounts Receivable,$$,146,000],[$Allowance for Bad Debts $($credit balance$),,3,800]]$

During the last quarter of $2024,$ PTMC completed the following selected transactions:

$($Click the icon to view the transactions.$)$

Read the $$ Begin by journalizing the transactions. $($Record debits first, then credits. Exclude explanations from journal entries$)$

Sales on account, $$500,000.$ Ignore Cost of Goods Sold.

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[2024,,,],[$Dec$.31,,,],[,,,]]$