During 2021, its first year of operations, Pave Construction provides services on account of $146,000. By the

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During 2021, its first year of operations, Pave Construction provides services on account of $146,000. By the end of 2021, cash collections on these accounts total $103.000. Pave estimates that 30% of the uncollected accounts will be uncollectible. In 2022, the company writes off uncollectible accounts of $11,610. 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.) View transaction list Journal entry worksheet

Posted Date: Jul 11, 2024 09:35 AM

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During 2021, its first year of operations, Pave Construction provides services on account of $146,000. By the

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