lew Tab Amazon ZODA%252F%252Fnewconnect Grammarly (12) Handshake Business Knights... ACG adule 2 Textbook Problems Saved 3 1. Recognized $92,000 of revenue on account. 2. Collected $78,000 cash from accounts receivable. 3. Wrote off uncollectible accounts of $720. 4. Recognized uncollectible accounts expense. Grover estimated that uncollectible accounts expense will be account. ts Hint Required Show the effect of each event on the elements of the financial statements, using a horizontal statements mod here. Use the following coding scheme to record your answers: increase is +, decrease is -, leave the cell bla cash flow column, indicate whether the item is an operating activity (PA), investing activity (IA), or financing ac transaction is entered as an example. Print Event No. Assets = Liabilities + GROVER INC. Horizontal Statements Model Equity Income Statement Retained Revenue Earnings Expense Net Income Cash Flow + = + 1 + 1. 2. +/- 3. it + + 4. c. What amount of uncollectible accounts expense will Renue Sp Complete this question by entering your answers in the tab Req A Req B and C Based on the preceding information, compute (after year-end adjus (1) Balance of Allowance for Doubtful Accounts at December 31, Ye (2) Balance of Accounts Receivable at December 31, Year 2. (3) Net realizable value of Accounts Receivable at December 31, Ye What amount of uncollectible accounts expense will Renue Spa reco $ 81,946 b-1. Allowance for doubtful accounts b-2 Accounts receivable b-3. Net realizable value Uncollectible accounts expense C $ 2,130