#2

GA alance) 4,000 Read the requirements. or Ages. Dessuad Ali.Bad Doble Laurealize the destinasi wanation * Requirements - ons Te Cog Is and 1. Open T-accounts for Accounts Receivable and Allowance for Bad Debts. Journalize the transactions (omit explanations) and post to the two accounts 3. Show how Mountain Terrace Medical Center should report net accounts receivable on its December 31, 2024, balance sheet. Print Done 100 unts and Explanation Debit Credit mer any number in the input fields and then continue to the next question LG unts of Mountain Terrace Medical Center During the last quarter of 2024, MTMC completedt transactions (Click the icon to view the transactions.) s 146.000 - X More Info Sales on account, $480,000. Ignore Cost of Goods Sold. . Collections on account, $405,100 Wrote off accounts receivable as uncollectible: Starlight Co., $1,500, Orvis Redd, 5750; and Pogo, Inc. $450 Recorded bad debts expense based on the aging of accounts receivable, as follows: Age of Accounts Accounts Receivable Estimated percent uncollectible 1-30 Days 31-60 Days 61-90 Days Over 90 Days $ 101,000 $ 35,000 $ 17,000 $ 65,200 0.3% 3% 30% 35% $405 Acci Print Done stor enter any number in the input fields and then continue to the next question LG A September 30, 2024 the accounts of Mountain Terrace Medical Center MTMC) Indude the following Accounts Receivable $ 146,000 Allowance for Bed Debts (credit balance 4.000 During the last quarter of 2024 MTMC completed the following selected transactions Click the icon to view the transactions) Read the requirements Requirement 1. Open accounts for Accounts Receivable and Allowance for Bad Debts Journalize the transactions com explanations) and post to the two Begin by journalizing the transactions (record debts trit, then credits Exclude explanations from una entes) Salon 100 Ignore Cost of Goods Sold Accounts and explanation Debit Credit 2024 De 31 Exploration De Crede to the outcomes LG FA 12 w 1 0 Q W E R Ener 4,000 Read the requirements Accounts Recew Allowance for Bad Debts (credit balance) Collections on account. 5405,100 Debit Accounts and Explanation Date Credit 2024 Dec 31 Wrote of accounts receivable as uncollectible. Starlight Co $1.500, Orvis Redd, 5750, and Pogo, Inc. 5450 Date Accounts and Explanation Debit Credit 2024 Dec 31 Choose from any list or enter any number in the input fields and then continue to the next question LG 140.00 Accounts Receivable Allowance for Bad Debts (credit balance) 4,000 Read the requirements Recorded bad debts expense based on the aging of accounts receivable Date Accounts and Explanation Debit Credit 2024 Dec. 31 Open T-accounts for Accounts Receivable and Allowance for Bad Debts. Post the transactions to the two accounts Accounts Receivable Allowance for Bad Debts Choose from any list or enter any number in the input felds and then continue to the next question LG At September 30, 2024, the accounts of Mountain Terrace Medical Center (MTMC) include the following Accounts Receivable Allowance for Bad Debts (credit balance) $ During the last quarter of 2024, MTMC complet transactions Click the icon to view the transactions.) Read the requirements 146,000 4.000 Open T-accounts for Accounts Receivable and Allowance for Bad Debts Post the transactions to the two accounts Accounts Receivable Allowance for Bad Debts Requirement 2. Show how Mountain Terrace Medical Center should report net accounts receivable on its December 31, 2024 balance sheet Balance Sheet (Part Current Choose from any sto enter any number in the input fields and then continue to the next question O LG At September 30, 2024, the accounts of Mountain Terrace Medical Center (MTMC) include the following Accounts Receivable Allowance for Bad Debts (credit balance) $ 146 000 4.000 During the last quarter of 2024, MTMC completed transactions (Click the icon to view the transactions.) Read the requirements Accounts Receivable Allowance for Bad Debts Requirement 2. Show how Mountain Terrace Medical Center should report net accounts receivable on its December 31, 2024 balance sheet Balance Sheet (Partial Current Assets Choose from any store any number in the input helds and then continue to the next question LG Please answer the question in full if you know how to do it! Please allign the answers how the questions are so it's not confusing for me to figure out where it goes! Will give a thumbs up if the answer is correct! If you have trouble reading any of the images please let me know so I can post another picture