During Year 1, its first year of operations, a company provides services on account of $122,000. By the end of Year 1, cash collections on these accounts total $91,000. The company estimates that 25% of the uncollected accounts will be uncollectible In Year 2. the company writes off uncollectible accounts of $6,975. Required: 1. Record the adjusting entry for uncollectible accounts on December 31. Year 1. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction lit Journal entry worksheet 1 Record the adjusting entry for Uncollectible Accounts Note tnter debts before credits General Journal Date December 31 Debit Credit 2-o. Record the write-off of accounts receivable in Year 2 (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 Record the write off of accounts receivable In Year 2. Note: Enter debits before credits General Journal Debit Date December 31 Credit Dros 2-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of Year 2 (before adjustment in Year 2). Beginning Balance in Year 2 Ending Balance in Year 2 3-0. Assureuere did duove U Summe ud WIL ONS Teal were >IIIDU, RECUF wire ou Ol dccounts receive in Year 2. (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 1 Record the write-off of accounts receivable in Year 2 Note: Enter debits before credits General Journal Date December 31 Debit Credit Record entry Clear entry View general Journal 3-b. Assume the same facts as above but assume actual write-offs in Year 2 were $11,160. Calculate the balance of Allowance for Uncollectible Accounts at the end of Year 2 (before adjustment in Year 2) Beginning Balance in Year 2 Ending Balance in Year 2