At September 30, the accounts of Aguilar Outsourcing Solutions include the following:

During the last quarter of 2009, Aguilar completed the following selected transactions:

Requirements 

1. Record the transactions in the journal.

2. Open the Allowance for Uncollectible Accounts, and post entries affecting that account. Keep a running balance.

3. Show how Aguilar should report accounts receivable on its December 31, 2009, balance sheet. Use the first reporting format at the top.

Transcribed Image Text:

Accounts Receivable............ $65,000 Allowance for Uncollectible Accounts (credit balance) ............ 1,100