Gable incorporated provides legal services. During 2018, the company provides services of $500,000 on account. Of this amount, $70,000 remains uncollected at the end of the year. An aging schedule as of December 31, 2018

1. On April 3, 2019, a customer's account balance of 600$ is written off as uncollectible. Record the write off.

2. On July, 2019, the customer whose account was written off in Requirement 3 unexpectedly pays $200 of the amount but does not expect to pay any additional amounts. Record the cash colletion.

2) (16 Gable Incorporated provides legal services. During the company provides services of $500,000 on account. Of this amount, $70,000 remains uncollected at the end of the year. An aging schedule as of December 31, 2018 is provided below Amount Estimated Percent Age Group Receivable Uncollectible Not yet due $40,000 5%% 0-30 days past due 19,000 10% 31-60 days past due 9,000 20% More than 60 days past due 6,000 40% Total $74,000 Required: 1. Calculate the allowance for uncollectible accounts. (4 point) Allowantr Not yet due 40000 2,000