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i Requirements - X 1. Start with the beginning balances for these T-accounts: Accounts Receivable. $95,000 Allowance for Uncollectible Accounts, $15,000 Post the following 2021

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i Requirements - X 1. Start with the beginning balances for these T-accounts: Accounts Receivable. $95,000 Allowance for Uncollectible Accounts, $15,000 Post the following 2021 transactions to the T-accounts: a. Service revenue of $703,000, all on account b. Collections on account, $717,000 c. Write-offs of uncollectible accounts, $12,000 d. Uncollectible-account expense (allowance method), $6,000 2. What are the ending balances of Accounts Receivable and Allowance for Uncollectible Accounts? 3. Show how Garvey and Pullman will report accounts receivable on its balance sheet at December 31, 2021. Print Done Perform the following accounting for the receivables of Garvey and Pulmonalww firm, at December 31, 2021 Read the requirements Requirements 1 and 2. Start with the beginning balances for those T-accounts Accounts Receivable $95.000 Allowance for Uncollectible Accounts, $15,000 Post the following 2021 transactions to the T-accounts Service revenue of $703.000, all on account b. Collections on account, $717,000 c Write-offs of uncollectible accounts, $12,000 d. Uncollectible-account expense (allowance method) $6,000. 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 bol + Beginning balance End bat = Ending balance: Uncollacct exp = Uncollectible account expense.) Allowance for Uncollectible Accounts Accounts Receivable Requirement 3. Show how Garvey and Pullman will report accounts receivable on its balance sheet at December 31, 2021 Loss

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