accounting question 9
Record transactions for each date. (If no entry is required for a particular transaction/event, select "No Jour first account fleld.) the year will not be received. 4 Provide services to customers on account for $44,600. 5 Receive $10,000 from customers for services provided in 2024. 6 Write off the remaining amounts owed from services provided in 2024. Siiv 7 Receive $35,500 from customers for services provided in 2025. 8 Estimate that 45% of accounts recelvable at the end of the year will not be received. Note : = journal entry has been entered Record transactions for each date. (If no entry is required for a particular transaction/event, select "No first account field.) The following events occur for The Turner Corporation during 2024 and 2025, its first two years of operations. June 12,2024 Provide services to customers on account for $29,600. Septenber 17, 2024 Receive $15,500 from customers on account. December 31, 2024 Estimate that 45% of accounts receivable at the end of the year will not be received. March 4, 2025 Provide services to customers on account for $44,600. May 20, 2025 Receive $10,000 from customers for services provided in 2024. July 2,2025 Write off the remaining amounts owed from services provided in 2024. October 19, 2025 Receive $35,500 from customers for services provided in 2025. December 31, 2025 Estimate that 45% of accounts receivable at the end of the year will not be received. Required: 1. Record transactions for each date. 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. 3. Calculate net accounts receivable reported in the balance sheet at the end of 2024 and 2025. Complete this question by entering your answers in the tabs below. Record transactions for each date. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in th first account field.) The following events occur for The Turner Corporation during 2024 and 2025 , its first two years of operations. June 12,2024 Provide services to customers on account for $29,600. September 17,2024 Receive $15,500 from customers on account. Decenber 31,2024 Estimate that 45% of accounts receivable at the end of the year will not be received. March 4, 2025 Provide services to customers on account for $44,600. May 20, 2025 Receive $10,000 from custoners for services provided in 2024. July 2, 2025 Write off the remaining amounts owed from services provided in 2824. October 19, 2025 Receive $35,500 from custoners for services provided in 2025 . December 31,2025 Estimate that 45% of accounts receivable at the end of the year will not be received. Required: 1. Record transactions for each date. 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. 3. Calculate net accounts receivable reported in the balance sheet at the end of 2024 and 2025. Complete this question by entering your answers in the tabs below. Calculate net accounts receivable reported in the balance sheet at the end of 2024 and 2025 . The following events occur for The Tumer Corporation during 2024 and 2025, its first two years of operations. June 12, 2a24 Provide services to custoners on account for $29,690. Septeaber 17, 2024 Receive $15,500 from custosters on account. Decenber 31,2024 Estinate that 454 of accounts receivable at the end of the year will not be received. March 4, 2a2s 5 Provide services to custoners on account for $44,600. May 20, 2025 Receive sie, eee tron custoners for services provided in 2024. Juty 2 , 2025 Write off the renaining anounts owed fron services provided in 2024. 0ctober 19, 2025 Receive $35, see from custosers for services provided in 2025 . Decenber 3i, 2025 Estinate that 454 of accounts receivable at the end of the year witl not be received. Required: 1. Record transactions for each date. 2. Post transactions to the following accounts: Cash, Accounts Recelvable, and Allowance for Uncollectible Accounts. 3. Calculate net accounts recelvable reported in the balance sheet at the end of 2024 and 2025. Complete this question by entering your answers in the tabs below. Post transactions to X following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts
