$3$

$3.$ The Autumn Company began business on January $1,2024.$ It calculates uncollectible accounts receivable using the percent of accounts receivable method.

Required: Record the entries to account for Accounts Receivable.

$12-31-24$: Autumn Company has a balance of $$900,000$ in accounts receivable and estimates $10\%$ uncollectible.

$7-10-25$: Autumn Company writes off Rose's accounts receivable of $$97,000.$ This accounts receivable was outstanding on $12-31-24.$

$12-31-25$: Autumn has a balance of $$800,000$ in accounts receivable and estimates $10\%$ uncollectible.