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2. (2) Balance of Accounts Receivable at December 31 , Year 2. 3. (3) Net realizable value of Accounts Receivable at December 31, Year 2.

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2. (2) Balance of Accounts Receivable at December 31 , Year 2. 3. (3) Net realizable value of Accounts Receivable at December 31, Year 2. c. What amount of uncollectible accounts expense will Renue Spa record for Year 2? Complete this question by entering your answers in the tabs below. Organize the information in accounts under an accounting equation. (Enter any decreases to account balances with a minus there is no effect on the Accounts Titles for Retained Earnings, leave the cell blank. Not all cells will require entry.) a. Organize the information in accounts under an accounting equation. b. Based on the preceding information, compute (after year-end adjustment): 1. (1) Balance of Allowance for Doubtful Accounts at December 31, Year 2. 2. (2) Balance of Accounts Receivable at December 31 , Year 2. 3. (3) Net realizable value of Accounts Receivable at December 31, Year 2. c. What amount of uncollectible accounts expense will Renue Spa record for Year 2? Complete this question by entering your answers in the tabs below. Based on the preceding information, compute (after year-end adjustment): (1) Balance of Allowance for Doubtful Accounts at December 31, Year 2. (2) Balance of Accounts Receivable at December 31 , Year 2. (3) Net realizable value of Accounts Recelvable at December 31, Year 2. What amount of uncollectible accounts expense will Renue Spa record for Year 2? 7thosccaunta recumwatio butance for Renue Spa at December 31, Year 1, was $87,000. Also on that date, the balance in the Allowance vecenvibly we whtten off as uncollectible. In addition, Renue unexpectedly collected $190 of receivables that had been written off in a provous accounting perlod. Services provided on account during Year 2 were $215.000, and cash collections from receivables were $216,972. Uncoliectibie accounts expense was estimated to be 1 percent of the sales on account for the period. Required a. Organize the information in accounts under an accounting equation. b. Based on the preceding information, compute (after year-end adjustment): 1. (1) Boiance of Allowance for Doubtful Accounts at December 31, Year 2. 2. (2) Balance of Accounts Recelvable at December 31, Year 2. 3. (3) Net realizable value of Accounts Receivabie at December 31, Year 2. c. What amount of uncollectible accounts expense will Renue Spa record for Year 2? Complete this question by entering your answers in the tabs below. Organize the information in accounts under an accounting equation. (Enter any decreases to account balances with a minus sign. If there in thect on the Accounts Tales for Retained Earnings, leave the cell blank. Not all cells will require entry.)

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