More Info X Nov 30 Wrote off as uncollectible the $1,700 account receivable from Black Carpets and the $400 account receivable from Old Timer Antiques. Dec 31 Adjusted the Allowance for Uncollectible Accounts and recorded uncollectible-account expense at year-end, based on the aging of receivables. Print Done Data Table - X At September 30, 2019: Accounts Receivable Allowance for Uncollectible Accounts 245,000 (8,500) Print Done i Requirements X 1. Record the transactions for the last quarter of 2019 in the journal. Explanations are not required. 2. Prepare a T-account for Allowance for Uncollectible Accounts with the appropriate beginning balance. Post the entries from requirement 1 to that account 3. Show how Media Communications will report its accounts receivable in a comparative balance sheet for 2018 and 2019. (Use the three-line reporting format.) At December 31, 2018, the company's Accounts Receivable balance was $211,000, and the Allowance for Uncollectible Accounts stood at $4,500. (Be sure to use the December 31, 2019 aging schedule given in the problem data.) Print Done Score: 0 of 20 pts 13 of 13 (0 complete) HW Score: 0%, 0 of 100 pts P5-58A (similar to) A Question Help The September 30, 2019, records of Media Communications include these accounts: (Click the icon to view the September 30, 2019 account balances.) During the year, Media Communications estimates Uncollectible-account expense at 1% of credit sales. At year-end (December 31), the company ages its receivables and adjusts the balance in the Allowance for Uncollectible Accounts to correspond to the following aging schedule. (Click the icon to view the Accounts Receivable balance and aging schedule to be used at December 31, 2019.) Read the requirements, During the last quarter of 2019, the company completed the following selected transactions: (Click the icon to view the selected transactions.) Requirement 1. Record the transactions for the last quarter of 2019 in the journal. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Wrote off as uncollectible the $1,700 account receivable from Black Carpets and the $400 account receivable from Old Timer Antiques. Journal Entry Date Accounts Debit Credit Noy 30 Choose from any list or enter any number in the input fields and then click Check Answer. ? parts remaining Clear All Check