June $12,2024$ Provide services to customers on account for $$36,800.$

September $17,2024$ Receive $$21,500$ from customers on account.

December $31,2024$ Estimate that $45\%$ of accounts receivable at the end of the year will not be received.

March $4,2025$ Provide services to customers on account for $$51,800.$

May $20,2025$ Receive $$10,000$ from customers for services provided in $2024.$

July $2,2025$ Write off the remaining amounts owed from services provided in $2024.$

October $19,2025$ Receive $$41,500$ from customers for services provided in $2025.$

December $31,2025$ Estimate that $45\%$ of accounts receivable at the end of the year will not be received.

Required:

Record transactions for each date.

Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accou

Calculate net accounts receivable reported in the balance sheet at the end of $2024$ and $2025.$

Complete this question by entering your answers in the tabs below.

Required $1$

Required $3$

Record transactions for each date. $($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry first account field.$)$

Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

$6$

$7.$

$8$

Write off the remaining amounts owed from services provided in $2024.$

Note: Enter debits before credits:

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$July $02,2025,$Allowance for Uncollectible Accounts,,$],[,$Accounts Receivable,,$],[,,,],[,,,],[,,,]]$Problem $5-3$A $($Algo$)$ Record transactions related to accounts receivable $($LO$5-3,5-4,5-5)$

The following events occur for The Turner Corporation during $2024$ and $2025,$ its first two years of operations.

June $12,2024,$ Provide services to customers on account for $$36,800.$

September $17,2024$ Receive $$21,500$ from customers on account.

December $31,2024$ Estimate that $45\%$ of accounts receivable at the end of the year will not be received.

March $4,2025$ Provide services to customers on account for $$51,800.$

May $20,2025$ Receive $$10,000$ from customers for services provided in $2024.$

July $2,2025$ Write off the remaining amounts owed from services provided in $2024.$

October $19,2025$ Receive $$41,500$ from customers for services provided in $2025.$

December $31,2025$ Estimate that $45\%$ of accounts receivable at the end of the year will not be received.

Required:

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 $2024$ and $2025.$

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Required $3$

Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts.

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