After the December 31,2019 Adjusting Journal Entries Have Been Posted,Tri-State

Essay

After the December 31,2019 adjusting journal entries have been posted,Tri-State Distributors has the following account balances (all accounts have normal balances)are:
$$\begin{array} { | l | l | } \hline \text { Account Title } & \text { Account Balance } \\\hline \text { Accounts Receivable } & \$ 240,000 \\\hline \text { Allowance for Bad Debts } & \$ 12,500 \\\hline \text { Bad Debts Expense } & \$ 14,500 \\\hline\end{array}$$ Use this information to prepare,in good form,the Balance Sheet (partial)on December,31,2019.Include a proper heading.