b. Collections on account, $37,153 million c. Bad debt expense, $380 million (Round your answer to the nearest million.) 1. Prepare T-accounts for Accounts Receivable and Allowance for Uncollectibles, and insert the May 31, 2019, balances as given. 2. Journalize the following assumed transactions of Dependable Delivery for the year ended May 31,2020 Explanations are not required. a. Service revenue on account, $37,951 million b. Collections on account, $37,153 million c. Bad debt expense, $380 million d. Write-offs of uncollectible accounts receivable, $362 million e. Recovered an accounts receivable, $3 million f. On May 1, Dependable Delivery received a two-month, 5%,$40 million note receivable from one of its large customers in exchange for the customer's past due account. Dependable Delivery made the proper year-end adjusting entry for the interest on this note. 3. Post your entries to the Accounts Receivable and the Allowance for Uncollectibles T-accounts 4. Compute the ending balances for the two T-accounts, and compare your balances to the actual May 31,2020, amounts. They should be the same 5. Show what Dependable Delivery would report on its income statement for the year ended May 31, 2020 6. Recommend several ways for Dependable Delivery to improve cash collections from receivables d. Write-offs of uncollectible accounts receivable, $362 million e. Recovered an accounts receivable, $3 million Start with the entry to reverse the write-off Before preparing the T-accounts, record the journal entries for the transactions of Dependable Deliv Requirement 2. Journalize the transactions of Dependable Delivery for the year ended May 31, 202 a. Service revenue on account, $37,951 million b. Collections on account, $37,153 million Balance sheet information Now record the receipt of cash. f. On May 1, Dependable Delivery received a two-month, 5%,$40 miltion note receivable from one of its lar proper year-end adjusting entry for the interest on this note. Start with the note receivable transaction Requirement 6. Recotnhend severar way for Dependabie Detvery to mpiove cash colbctons hom recewablers accounts Now record the year end adjusting entry for the note receivable. (Round your answer to two decimal places.) Requirement 1,3,& 4. Prepare T-accounts for Accounts Recervable and Allowance for Uncollectibles, and insert the May 31, 2019, bale Allowance for Uncollectibles T-accounts. Compute the ending balances for the two T-accounts, and compare your balances to the actual available cell on the debit or credit side of the T-account. Enter amounts in millions. Leave any unused cells blank.) These Taccount balances above with the actual 2020 Dependable Delivery amounts