2 33.33 points eBook Print The accounts receivable balance for Renue Spa at December 31, Year 1, was $80,000. Also on that date, the balance in the Allowance for Doubtful Accounts was $2,800. During Year 2, $2,700 of accounts receivable were written off as uncollectible. In addition, Renue unexpectedly collected $120 of receivables that had been written off in a previous accounting period. Services provided on account during Year 2 were $221,000, and cash collections from receivables were $223,028. Uncollectible accounts expense was estimated to be 1 percent of the sales on account for the period. Required a. Record the transactions in general journal form and post to T-accounts. b. 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 receivable at December 31, Year 2. References c. What amount of uncollectible accounts expense will Renue report for Year 2? 33.33 points Complete this question by entering your answers in the tabs below. Required A General Journal Required A T Accounts Required B Required C eBook Record the transactions in general journal form. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Print View transaction list View journal entry worksheet No Transaction References General Journal A 1. Allowance for doubtful accounts Accounts receivable B 2a. Accounts receivable Allowance for doubtful accounts 2b. Cash Accounts receivable D 3. Accounts receivable Service revenue E 4. Cash Accounts receivable F 5. Uncollectible accounts expense Allowance for doubtful accounts Debit Credit Complete this question by entering your answers in the tabs below. Required A General Journal Required A T Accounts Required B Required C Post the transactions to T-accounts. Cash (partial) Beginning Balance Service Revenue Beginning Balance Ending Balance Ending Balance. Accounts Receivable Uncollectible Accounts Expense Beginning Balance Beginning Balance Ending Balance Ending Balance 0 Allowance for Doubtful Accounts Beginning Balance Ending Balance Complete this question by entering your answers in the tabs below. Required A General Required A T Accounts Required B Required C Journal 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 receivable at December 31, Year 2. (1) Allowance for doubtful accounts (2) Accounts receivable (3) Net realizable value E Show less Complete this question by entering your answers in the tabs below. Required A General Journal Required A T Accounts Required B Required C What amount of uncollectible accounts expense will Renue report for Year 2? Uncollectible accounts expense