2. 25 During me fist year of operation Men Apace recoge 5316.00 of Service on account Andrew the accoues recette balance was 56 Fren though this site in beste owner believes he will colectatut about 5 percent of the ending balance Required Wamount of cash was collected by McGnns dumgart b. Atome use of an allowancelom to account for uncollectible accounts, what amount should McGrecon notection acconsente al c. Whewable value of necewables at the end of year? 4. Show contaction on the financial statements by recording apporte moun in a horor statements model me the one shows here when you record amounts in the Cathow.com, indicate where these is an opening Converting activitat financing och Aneta notected by the event the con Complete this question by entering your answers in the sheliw. RAGA ago awamut of cash was coleted by Media Assuming the use of allowance wyster to count for collection should record uncoces pe Year 17 (Round your we to nearest whicle) What is the treat value ofrecevable end of your ? Dointermediul caround Cathed cocco per cal E RqD 2 During the first year of operationer Menns Aspace recognized $6.000 of service on court. A tricot the accounts receivel lace was 562,118. Even though this is truly in business, the owner belevesbe we collect but About 5 percent of the ending balance Required a. What amount of cash was collected by Mang Year b. Assuming the use of an allowance system to account for uncollectie accoom, what amount should cons records uncollectible accounts expense in Year a. show the effect of these ansactions on the financial statements by recording the seats in honorements was the methode wae of receivables are end of Yeart? model ke the one shown here when you record amounts in the Cash Flow columnicate where there is an opening activity Oneng city of thing activity Alleen is not affected by the event wave the collak Complete this question by entering your answers in the tale below. AC Show the efect of these transactions on the financial statements by recording the appropriate contain a prontal statements made the one heren you record amounts in the Cathcom indicate whether the items as operating activity Deventing activity to facing activity Fine Wiected by the trave the blank. (Enter any reasons to account balances and cash on a minuti. No ale wy MCOIN APPLIANCE Erond HIV Accounts Expense Music 1 2 Req AtoC