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During 2021, its first year of operations, Pave Construction provides services on account of $126,000. By the end of 2021, cash collections on these accounts

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During 2021, its first year of operations, Pave Construction provides services on account of $126,000. By the end of 2021, cash collections on these accounts total $93,000. Pave estimates that 20% of the uncollected accounts will be uncollectible. In 2022, the company writes off uncollectible accounts of $5,940. 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.) Answer is complete and correct. No Date Debit Credit General Journal 6,600 1 December 31, 202 Bad Debt Expense Allowance for Uncollectible Accounts 6,600 2-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2022 (before adjustment in 2022) Beginning Balance in 2022 Ending Balance in 2022 3-8. Assume the same facts as above but assume actual write-offs in 2022 were $8,910. 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 tye first account field.) Answer is not complete. General Journal Debit Credit No Date 3-b. Assume the same facts as above but assume actual write-offs in 2022 were $8,910 Calculate the balance of Allowance for Uncollectible Accounts at the end of 2022 (before adjustment in 2022). Beginning Balance in 2022 Ending Balance in 2022

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