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1. Record transactions for each date 2. Post transactions to the following accounts : Cash, Accounts Recievable, and Allowance for Uncollectible Accounts. 3. Calculate Net

1. Record transactions for each date
2. Post transactions to the following accounts : Cash, Accounts Recievable, and Allowance for Uncollectible Accounts.
3. Calculate Net Accounts recievable reported in the balance sheet at the end of 2024 and 2025. image text in transcribed
Problem 5-3A (Algo) Record transactions related to accounts receivable ( LO5-3, 5-4, 5-5) The following events occur for The Benson Corporation during 2024 and 2025 , its first two years of operations. June 12, 2024. Provide services to custoners on account for $38,660. September 17, 2024 Receive $22,500 from customers on account. December 31, 2024 Estimate that 45% of accounts receivable at the end of the year will not be received. March 4, 2025 Provide services to customers on account for $53,00e. May 20, 2025 Receive $10,000 from customers for services provided in 2024. July 2, 2025 Write off the remaining amounts owed from services provided in 2024. October 19, 2025 Receive $42,500 from customers for services provided in 2025. December 31, 2025 Estimate that 45% of accounts receivable at the end of the year will not be received. Required: 1. Record transactions for each date. 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts: 3. Calculate net accounts recelvable reported in the balance sheet at the end of 2024 and 2025

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