Exercise 5-7A Establish an allowance for uncollectible accounts and write off accounts receivable (L05 3,5-4) During 2021, Its first year of operations, Pave Construction provides services on account of $138,000. By the end of 2021. cash collections on these accounts total $99,000. Pave estimates that 20% of the uncollected accounts will be uncollectible. In 2022. the company writes off uncollectible accounts of $7,020. 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 Record the adjusting entry for Uncollectible Accounts. Note: Enter debits before credits. General Journal Debit Credit Date December 31, 2021 ter 5 Homework graded Help Se 2-a. Record the write-off of accounts receivable in 2022. (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 noes Record the write-off of accounts receivable in 2022. Note: Enter debits before credits General Journal Debit Credit Date December 31, 2022 Record entry Clear entry View general Journal 2-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2022 (before adjustment in 2022). Beginning Balance in 2022 Ending Balance in 2022 Chapter 5 Homework graded i Seved He in 2022. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list 166 points Journal entry worksheet eBook Record the write-off of accounts receivable in 2022 References Note: Enter debits before credits. General Journal Debit Credit Date December 31. 2022 Record entry Clear entry View general journal 3-b. Assume the same facts as above but assume actual write-offs in 2022 were $10,530. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2022 (before adjustment in 2022). Beginning Balance in 2022 Ending Balance in 2022