Exercise 5-2A Record cash sales with a trade discount (LO5-2) Merry Maidens Cleaning generally charges $300 for a detailed cleaning of a normal-size home. However, to generate additional business, Merry Maidens is offering a new-customer discount of 10%. On May 1, Ms. E. Pearson has Merry Maidens clean her house and pays cash equal to the discounted price, Required: Record the revenue recognized by Merry Maidens Cleaning on May 1. (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 revenue recognized for the services provided with a 10% trade discount. Note: Enter debits before credits General Journal Date May 01 Debit Credit Record entry Clear entry View general Journal A company has the following accounts receivable and estimates of uncollectible accounts: 1. Accounts not yet due = $61,000; estimated uncollectible = 4%. 2. Accounts 1-30 days past due = $22,000; estimated uncollectible = 20%. 3. Accounts more than 30 days past due = $148,000; estimated uncollectible = 60%. Compute the total estimated uncollectible accounts. Estimated uncollectible accounts