The T-accounts for Allowance for Bad Debts and Bad Debts Expense have been opened for you, assuming the accounts begin with a zero balance. Record the transactions in the general journal (omit explanations), and post to the two T-accounts.2.Assume the December 31, 2019, balance of Accounts Receivable is $134,000. Show how net accounts receivable would be reported on the balance sheet at that date
