= Homework: Ch. 5 Homework Question 4, E5-19A (similar to) Part 1 of 2 HW Score: 5%, 1 of 20 points Points: 0 of 4 Save Perform the following accounting for the receivables of Freeman and Jones, a law firm, at December 31, 2021. Requirements 1 and 2. Start with the beginning balances for these T-accounts: Accounts Receivable, $104,000, Allowance for Uncollectible Accounts, $8,000. Post the following 2021 transactions to the T-accounts: Service revenue of $695,000, all on account a. b. Collections on account, $721,000 C. Write-offs of uncollectible accounts, $10,000 d. Uncollectible-account expense (allowance method). $14,000. What are the ending balances of Accounts Receivable and Allowance for Uncollectible Accounts? Prepare the T-accounts for accounts receivable and allowance for uncollectible accounts. (Abbreviation used: Beg bal - Beginning balance; End bal = Ending balance; Uncoll acct exp = Uncollectible account expense.) Accounts Receivable Allowance for Uncollectible Accounts Help me solve this Etext pages Calculator Requirements 1. Start with the beginning balances for these T-accounts: Accounts Receivable, $104,000 Allowance for Uncollectible Accounts, $8.000 Post the following 2021 transactions to the T-accounts: a. Service revenue of $896,000, all on account b. Collections on account, $721,000 c. Write-offs of uncollectible accounts, $10,000 d. Uncollectible-account expense (allowance method), $14,000 2. What are the ending balances of Accounts Receivable and Allowance for Uncollectible Accounts? 3. Show how Freeman and Jones will report accounts receivable on its balance sheet at December 31, 2021. Print Done