At the end of january ,$5500 of accounts receivable are past due and the company estimates that 20% of these accounts will not be collectes of the remaining accounts receivable the company estimates that5% willnot be collected .

ect.html?returnUrl=https%3A ... Search w Saved Required information [The following information applies to the questions displayed below.) The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations. June 12, 2021 Provide services to customers on account for $30,200. September 17, 2021 Receive $16,000 from customers on account. December 31, 2021 Estimate that 409 of accounts receivable at the end of the year will not be received. March 4, 2022 Provide services to customers on account for $45,200. May 20, 2022 Receive $10,000 from customers for services provided in 2027. July 2, 2022 Write of the remaining amounts owed from services provided in 2021. October 19, 2022 Receive $36,000 from customers for services provided in 2022. December 31, 2022 Estimate that 40of accounts receivable at the end of the year will not be received. Required: 1. Record transactions for each date. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet