The Accounts Receivable balance for Gold Company at December 31, 2019, was $28.000. During 2020....

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The Accounts Receivable balance for Gold Company at December 31, 2019, was $28.000. During 2020. old and revenue of 450.000 on account and collected $128.000 on controle 1.400 sulette Industry experience suggests that colectible accounts will amount of counts receivable Required Requirement 1. Assume Gold had an unused $2,300cr balance in Alowance for Bad Debts December 31, 2020. Juos December 31, 2020, to record bad debis per sing the percent of receivables method (Record debit first, then credits Select the explanation on the last line of the journal entry) Accounts and Explanation Debit Credit 31 Requirement 2. An old had and 2.200 abitance in Alow.ce for Bad Debes December 31, 2020 Jum dos December 31, 2020, entrecord bad debts expering the percent of the Record debts first the credit Beet the explanation on the last line of the journal entry) Date Accounts and Explanation Debat Cred 1. Ane Gadhadanned 12.300 credite in Allowance Bed Debts at December 31, 2020. Jou on December 31, 2000, men to record bad debis expensing the percent receive method Assume Godard 2.00 b balance Aowance for ad Debes at December 31, 2020. Joure God's December 31, 2020, aumento record bades pense using the percent of receivables method 2 Choose from any ist or enter any number in the input felds and en continue to the next question Print Done

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