Exercise 5-7 (Algo) Establish an allowance for uncollectible accounts and write off accounts receivable (LO5-3,5-4) During 2024, its first year of operations, Platform Construction provides services on account of $158,000. By the end of 2024, cash collections on these accounts total $109,000. Platform estimates that 30% of the uncollected accounts will be uncollectible. In 2025, the company writes off uncollectible accounts of $13,230. Required: 1. Record the adjusting entry for uncollectible accounts on December 31, 2024. 2-a. Record the write-off of accounts receivable in 2025. 2-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). 3-a. Assume the same facts as above but assume actual write-offs in 2025 were $19,845. Record the write-off of accounts receivable in 2025. 3-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). Complete this question by entering your answers in the tabs below. No Date General Journal Debit Credit > December 31, 2024 Bad Debt Expense Allowance for Uncollectible Accounts View transaction list Journal entry worksheet 1 > Record the write-off of accounts receivable in 2025. Note: Enter debits before credits. General Journal Debit Credit Date December 31, 2025 Record entry Clear entry View general journal Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). Beginning balance in 2025 Ending balance in 2025 $ 0 Journal entry worksheet Record the write-off of accounts receivable in 2025. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2025 Record entry Clear entry View general journal Required 1 Required 2a Required 2b Required 3a Required 3b Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025 (before adjustment in 2025). Beginning balance in 2025 Ending balance in 2025 $ 0