Brule Services Inc. started business on March 1, 2020. The company produces monthly financial statements and had total sales of $680,000 (of which $646,000 were on account) during the first four months On June 30, the Accounts Receivable account had a balance of $213,300 (no accounts have been written off to date), which was made up of the following accounts aged according to the date the services were provided (Click the icon to view the aging-of-accounts-receivable table.) (Click the icon to view the accounts receivable transactions.) Required Requirement 1. Brule Services Inc. has heard that other companies in the industry use the allowance method of accounting for uncollectibles, with many of these estimating the uncollectibles through an aging of accounts receivable, a. Journalize the adjustments that would have to be made on June 30 (for the months of March through June), assuming the estimates of uncollectibles provided. (Record debits first, then credits. Exclude explanations from journal entries. Round all calculations to the nearest whole dollar.) General Journal Date Accounts Debit Credit Jun Month of Service: Customer March June April May 1,350 $ 1,900 $ $ 3,200 $ 1,850 Tyrone's Trucks Vaquez Ltd. 2,300 1,800 2,050 4,600 Leo Withers 7,700 4.800 9,168 8,850 Marty White 6,500 12,464 3,468 23 370 13,000 31 086 16200 58,144 Other Accounts Receivable $ 32,164 S 34 788 $ 57 204 S 89 144 The following accounts receivable transactions took place in July 2020: Jul. 12 Determined the account of Vaquez Ltd. was uncollectible and wrote it off. 15 Collected $4,500 from Tyrone's Trucks for services in the first three months. 21 Decided the account of Leo Withers was uncollectible and wrote it off. 24 Collected $6,500 from Marty White for services in the month of March. 26 Received a cheque from Leo Withers for $10,600 plus two cheques, of $9.709 each. postdated to September 10 and November 10. 31 Total sales of service in the month were $174,000; 75 percent of these were on account and 70 percent of the sales on account were collected in the month 1. Brule Services Inc. has heard that other companies in the industry use the allowance method of accounting for uncollectibles, with many of these estimating the uncollectibles through an aging of accounts receivable. a. Journalize the adjustments that would have to be made on June 30 (for the months of March through June), assuming the following estimates of uncollectibles Estimated Percent Uncollectible 2 % 3 Age of Accounts Receivable From current month From prior month From two months prior From three months prior From four months prior (Round your total estimate to the nearest whole dollar) b. Journalize the transactions of July 2020, 17 25 50 2. For the method of accounting for the uncollectibles used above show a. The balance sheet presentation of the accounts receivable. b. The overall effect of the uncollectibles on the income statement for the months of June and July 2020