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I he tollowing events occur for I he lurner Corporation during ? ? U ? 4 and ? ? U ? b , its tirst
I he tollowing events occur for I he lurner Corporation during and its tirst two years of operations.
June Provide services to customers on account for $
September Receive $ from customers on account.
December Estimate that of accounts receivable at the end of the year will not be received.
March Provide services to customers on account for $
May Receive $ from customers for services provided in
July Write off the remaining amounts owed from services provided in
October Receive $ from customers for services provided in
December Estimate that of accounts receivable at the end of the year will not be received.
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Record transactions for each date.
Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts.
Calculate net accounts receivable reported in the balance sheet at the end of and
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Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts.
tableCashAccounts ReceivableDebitCredit,Debit,CreditJune December December December December Allowance for Uncollectible Accounts,,,DebitCredit,,,December December
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