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2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. Cash December 31, 2018 0 December 31, 2019 0 Allowance
2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. Cash December 31, 2018 0 December 31, 2019 0 Allowance for Uncollectible Accounts December 31, 2018 0 December 31, 2019 Accounts Receivable December 31, 2018 0 December 31, 2019 0 3. Calculate the net realizable value of accounts receivable at the end of 2018 and 2019. Total accounts receivable Net realizable value 2018 2019 ! Required information [The following information applies to the questions displayed below.] The following events occur for Morris Engineering during 2018 and 2019, its first two years of operations. February 2, 2018 Provide services to customers on account for $26,000. July 23, 2018 Receive $17,000 from customers on account. December 31, 2018 Estimate that 20% of uncollected accounts will not be received. April 12, 2019 Provide services to customers on account for $39,000. June 28, 2019 Receive $6,000 from customers for services provided in 2018. September 13, 2019 Write off the remaining amounts owed from services provided in 2018. October 5, 2019 Receive $35,000 from customers for services provided in 2019. December 31, 2019 Estimate that 20% of uncollected accounts will not be received. Required: 1. Record transactions for each date. (If no entry is required for a transaction/event, select "No journal entry account field.)
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