Required information Exercise 5-13A Compare the allowance method and the direct write-off method (LO5-6) The following Information applies to the questions displayed below.) At the beginning of 2021. Brad's Heating & Air (BHAhas a balance of $25,000 in accounts receivable. Because BHASE privately owned company, the company has used only the direct write-ot 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 BA now will need to use the allowance method. The following transactions occur during 2021 and 2022 2. During 2021, Install air conditioning systems on account. $190.000 2. During 2021, colect $195,000 from customers on account 3. At the end of 2021, estimate that uncollectible sccounts total 15% ofencing accounts receivable 4 In 2022, customers' sccounts totsling $9,000 are written of as uncollectible Exercise 5-13A Part 1 Required: 1. Record esch transaction using the allowance method. (If no entry is required for a particular transaction event, select "No Journal Entry Required in the first account field.) View traction Journal entry worksheet