ected tran Data table ts receiva the Acco At September 30, 2019: Accounts Receivable Allowance for Uncollectible Accounts 19 correspond to the following aging schedule. X Print Done ceivable 249,000 (8,200) er 31, 20 e follo More info Nov 30 Dec 31 port it Wrote off as uncollectible the $1,600 account receivable from Green Carpets and the $400 account receivable from Priceless Antiques Adjusted the Allowance for Uncollectible Accounts and recorded uncollectible-account expense at year-end, based on the aging of receivables. (Be su () Print Done - ude these accounts. ces.) wing sele More info During the year, Media Communications estimates Unc Pages its receivables and December 11 the Accounts Receivable and aging schedule to be used at December 31, 2019 Age of Accounts 31-60 Days 61-90 Days Over 90 Days Accounts Receivable 1-30 Days $235,000 $ 138,000 $ ccount to use Estimated percent uncollectible 0.2% 201 45,000 $ 2% Print Done 13,000 S 15% 39.000 35% X ba Adjusted the Allowance for Uncollectible Accounts and recorded doubtful-account expense at year-end, based on the aging of receivables Date Dec 31 Journal Entry Accounts Debit Credit Requirement 2. Prepare a T-account for Allowance for Uncollectible Accounts with the appropriate beginning balance Post the entries from Requirement 1 to that account Open the T-account by posting the beginning balance. Then post the entries to the Allowance for Uncollectible Accounts T-account and calculate the ending balance. Allowance for Uncollectible Accounts Requirement 3. Show how Media Communications will report its accounts receivable in a comparative balance sheet for 2018 and 2019. (Use the three-line reporting format.) At December 31, 2018, the company's Accounts Receivable balance was $211,000, and the Allowance for Uncollectible Accounts stood at $4,200. (Be sure to use the Accounts Receivable balance at December 31, 2019 given in the problem data) Media Communications Comparative Balance Sheet (partial) December 31, 2019 and 2018 Less 2019 2018 Hom The September 30, 2019, records of Media Communications include these accounts (Click the icon to view the September 30, 2019 account balances.) During the last quarter of 2019, the company completed the following selected transactions. (Click the icon to view the selected transactions.) During the yea (December 31 correspond to (Click the Read the requ Requirement 1. Record the transactions for the last quarter of 2019 in the journal Explanations are not required (Record debits first, then credits. Exclude ex Wrote off as uncollectible the $1,600 account receivable from Green Carpets and the $400 account receivable from Priceless Antiques ub Date Nov 30 Journal Entry Accounts Debit Credit Arusted the Allowance for Incollectible Accounts and recorded doubtful-account avnanea at vear and hased on the aning of receivables