During 2021, its first year of operations, Pave Construction provides services on account of $144,000. By the end of 2021, cash collections on these accounts total $102,000. Pave estimates that 20% of the uncollected accounts will be uncollectible. In 2022, the company writes off uncollectible accounts of $7,560.

Required:

1. Record the adjusting entry for uncollectible accounts on December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

2-a. Record the write-off of accounts receivable in 2022. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

2-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2022 (before adjustment in 2022).

3-a. Assume the same facts as above but assume actual write-offs in 2022 were $11,340. Record the write-off of accounts receivable in 2022. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

3-b. Assume the same facts as above but assume actual write-offs in 2022 were $11,340. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2022 (before adjustment in 2022).

\begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Answer is complete and correct. } \\ \hline \hline No & Date & \multicolumn{1}{|c|}{ General Journal } & Debit & Credit \\ \hline 1 & December 31, 202 & Bad Debt Expense & 8,400 & \\ \hline & & Allowance for Uncollectible Accounts & & 8,400 \\ \hline \end{tabular} Answer is complete and correct. \begin{tabular}{|c|c|c|c|c|} \hline \hline No & \multicolumn{1}{|c|}{ Date } & General Journal & Debit & Credit \\ \hline 1 & December 31, 202 & Allowance for Uncollectible Accounts & 7,560 & \\ \hline & & Accounts Receivable & & 7,560> \\ \hline \end{tabular} Answer is complete and correct. Answer is not complete. \begin{tabular}{|c|c|c|c|c|} \hline \hline No & Date & \multicolumn{1}{c|}{ General Journal } & Debit & Credit \\ \hline 1 & December 31,202 & No Transaction Recorded & & \\ \hline & & & & \\ \hline \end{tabular} Beginning Balance in 2022 Ending Balance in 2022