A. Record journal entriens for transactions incurred in the fourth quarter provided above. NoExplainations. Dates are required.

B. Calculate tge bad debt expense and allowance for doubtful accohnts at year-end

C. Make the journal entry required by the aging schedule for bad debt expense.

D. Show how First Data would report its account receivable on a comparative Balance Sheet for 2019 and 2020. At Dec.31, 2019, the compaby's accoubts receivable balance was $212,000 and the allowance for uncollectible accounts stood at $4,200

Question 2 (15 marka) Use the aging approach for uncolectible accounts. The October 1, 2020 records of First Date Communications include these accounts: Accounts Receivable: $230,000 Allowance for uncollectible accounts: $8,500 During the last quarter of 2020, the company completed the following selected transactions: 2020 Nov 30 Wrote off as uncollectible the $1,100 account receivable from Rainbow Carpets and the $600 account receivable from Show.N Tall Antiques Dec 31 One of its customers. Pooler Ltd agreed to sign a 60-day not receivable to replace the $1.500 accounts receivable due on that day 0-30 DAYS $150000 0.20% AGE OF ACCOUNTS 31-60 DAYS $40000 0.50% 61-90 DAYS $14,000 5.0% OVER 90 DAYS $26,000 30.0% ESTIMATED UNCOLLECTIBLE