7,8 I nedd help please
During 2024, its first year of operations, Pave Construction provides services on account of $160,000. By the end of 2024 , cash collections on these accounts total $110,000. Pave estimates that 25% of the uncollected accounts will be uncollectible. In 2025 , the company writes off uncollectible accounts of $10,000. Required: 1. Record the adjusting entry for uncollectible accounts on December 31,2024 . 2-a. Record the write-off of accounts receivable in 2025. 2-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). 3-a. Assume the same facts as above but assume actual write-offs in 2025 were $15,000. Record the write-off of accounts receivable in 2025 . 3.b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). Answer is not complete. Complete this question by entering your answers in the tabs below. Record the write-off of accounts receivable in 2025. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account fieid.) During 2024, its first year of operations, Pave Construction prowides services on account of $160,000. By the end of 2024 , cash collections on these accounts total $110,000. Pave estimates that 25% of the uncollected accounts will be uncollectible. In 2025 , the company wites off uncollectible accounts of $10,000. Required: 1. Record the adjusting entry for uncollectible accounts on December 31,2024. 2-a. Record the write-off of accounts receivable in 2025. 2-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). 3.a. Assume the same facts as above but assume actual write-offs in 2025 were $15.000. Record the write-off of accounts recelvable in 2025. 3-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). Answer is not complete. Complete this question by entering your answers in the tabs below. Record the adjusting entry for uncoliectibie accounts on December 31, 2024. (It no entry is requiced for a particular transoctionvevent, select "No Journat Entry Required" in the first account fiedd.? company writes off uncollectible accounts of $10,000. Required: 1. Record the adjusting entry for uncollectible accounts on December 31,2024. 2-a. Record the write-off of accounts receivable in 2025. 2-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). 3-a. Assume the same facts as above but assume actual write-offs in 2025 were $15,000. Record the write-off of accounts receivable in 2025 . 3-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). Answer is not complete. Complete this question by entering your answers in the tabs below. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). During 2024, its first year of operations, Pave Construction provides services on account of $160,000. By the end of 2024 , cash collections on these accounts total $110,000. Pave estimates that 25% of the uncollected accounts will be uncollectible. In 2025 , the company writes off uncollectible accounts of $10,000. Required: 1. Record the adjusting entry for uncollectible accounts on December 31,2024. 2-a. Record the write-off of accounts receivable in 2025. 2-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). 3-a. Assume the same facts as above but assume actual write-offs in 2025 were $15,000. Record the write-off of accounts receivable in 2025. 3-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). Answer is not complete. Complete this question by entering your answers in the tabs below. Calculate the balance of Aliowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). On October 1,2024. Ogneva Corporation loans one of its employees $40,000 and accepts a 12 -month, 9% note recelvable. Calculate the amount of interest revenue Ogneva will recognize in 2024 and 2025 . company writes off uncollectible accounts of $10,000. Required: 1. Record the adjusting entry for uncollectible accounts on December 31,2024. 2-a. Record the write-off of accounts receivable in 2025. 2-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). 3-a. Assume the same facts as above but assume actual write-offs in 2025 were $15,000. Record the write-off of accounts receivable in 2025. 3-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). Answer is not complete. Complete this question by entering your answers in the tabs below. Assume the same facts as above but assume aual write-offs in 2025 were $15,000. Record the write-off of accounts receivable in 2025. (If no entry is required for a particular transactionvevent, select "No Journal Entry Required" in the first account field.)
