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help pls During 2024, is first year of operat ons. Laminate Constuction provides services on account of $144,000. 6y the end of 2024, cash colections
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During 2024, is first year of operat ons. Laminate Constuction provides services on account of $144,000. 6y the end of 2024, cash colections on these accounts total $102,000. Laminate estimates that 209 of the uncolected accounts will be uncollectible. In 2025 . the company writes off uncollectible accounts of $7,560 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 baiance of Allowance for Uncollectible Accounts at the end of 2025 (pefore adjustment in 2025), 3-a. Assume the same facts as above but assume actual write-offs in 2025 were $11.340, Record the write-off of accounts receivable in 2025 3-b. Caiculate the balance of Allowance for Uncoliectible Accounts at the end of 2025 (before adjustment in 2025): Complete this question by entering your answers in the tabs below. Record the adjusting entry for uncollectible accounts on Decembes 31, 2024. (If no entry is required for a particular trinsaction/event. select "Wo Journal Entry Recuired in the first accodet fied) Journal entry worksheet Fecord the adjusting enty for Uncollectible Accounts Step by Step Solution
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