O- More Info Data Table ing Accounts Receivable and aging schedule to be used at December 31, 2019 anc edu At September 30, 2019 (C Age of Accounts Accounts Receivable 247,000 emt Accounts Receivable 1-30 Days 31-60 Days 61-90 Days Over 90 Days Allowance for Uncollectble Accounts (8,500) d t $233,000 S 139,000 $ 45,000 $ 18,000 $ 31,000 bbl Estimated percent uncollectible 0.2 % 29% 15% 35% Print Done Print Done More Info Accounts receivable Nov 30 Wrote off as uncolectble the $1.200 account receivable from Green Carpets and the $200 account Less: receivable from Good Antiques Dec 31 Adjusted the Allowance for Uncollectible Accounts and recorded uncolectible-account expense at year-end, based on the aging of receivables Choose from any list or enter any number in the input fields and Print Done 4) FS go * % & * # delete 2 3 4 6 7 P W E R T U 70 During the last quarter of 2019, the company completed the folowing selected transactions: DBCUNUA 31L he company ages its receivables and adjusts the balance in the Allowance for Uncollectible Accounts to comespond to the following aging schedule (Click the icon to view the Accounts Receivable balance and aging schedule to be used at December 31, 2019) (Click the icon to view the selected transactions.) Read the reauitements 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 joumal entries.) Wrote off as uncollectible the $1,200 account receivable from Green Carpets and the $200 account receivable from Good Antiques Journal Entry Date Accounts Debit Credit Nov 30 1200 1200 200 Choose from any list or enter any number in the input fields and then continue to the next question. $ % 8 # 6 7 4 5 2 3 P Y E K H G MOL LDald C8mmunications include these accounts: Click the icon to view the September 30, 2019 account balances.) During the year, First Data Communications estima credit sales. At year-end (December 31), the compa balance in the Allowance for Uncollectible Accounts schedule. During the last quarter of 2019, the company completed the following selected transactions: i (Click the icon to view the selected transactions.) (Click the icon to view the Accounts Receivable December 31, 2019.) Read the requirements Adjusted the Allowance for Uncollectible Accounts and recorded doubtful-account expense at year-end, based on the aging of receivables. Journal Entry Date Accounts Debit Credit Dec 31 Uncollectible-Account Expense 8500 1200 Uncollectible-Account Expense Requirement 2. Prepare a T-account for Allowance for Uncollectible Accounts with the appropriate beginning balance. Post the entries from Requim Choose from any list or enter any number in the input fields and then continue to the next question. 44 FT F6 O- The September 30, 2019, records of First Data Communications include these accounts: ER (Click the icon to view the September 30, 2019 account balances.) This Test: 100 pts possible During the year, First Data Communications estimates Uncollectible-account expense at 1% of credit sales. At year-end (December 31), the oompany ages its receivables and adjusts the balance in the Allowance for Uncollectitle Accounts to comespond to the following aging schedule Question Help During the last quarter of 2019, the company completed the following selected transactions: (Click the icon to view the selected transactions.) (Click the icon to view the Accounts Receivable balance and aging schedule to be used at December 31, 2019) Requirement 2. Prepare a T-account for Allowance for Uncollectible Accounts with the appropriate beginning balance. Post the entries from Requirement 1 to that account Read the requirements Open the T-account by posting the beginning balance. Then post the entries to the Allowance for Uncollectible Accounts T-account and calculate the ending balance Allowance for Uncollectible Accounts Requirement 3, Show how First Data Communications will report its accounts receivable in a comparative balance sheet for 2018 and 2019. (Use the three-line reporting format) At December Anannte Dannhnhla halann e 94 4 nnn nd sha All nnn ine 1innalantala A e shd at C a a n th A Da a4 n4 the en AR Choose from any list or emter any number in the input fields and then continue to the next question. 44 * F3 & 7 9 % $ 4 # 5 3 P 2 O U 70 O (Click the icon to view the selected transactions.) LU13, ule e8mpany completed the following selected transactions balance in the Allowance for Uncollectible Accounts to correspond to the following aging schedule nel 31 the company ages its receivables and adjusts (Click the icon to view the Accounts Receivable balance and aging schedule to be ua December 31, 2019) 31, 2018, the company's Accounts Receivable balance was $211,000, and the Allowance for Uncollectible Accounts stood at $4,200. (Be sure to use the Accounts Receivable balance December 31, 2019 given in the problem data.) Read the requirements First Data Communications Comparative Balance Sheet (partial) December 31, 2019 and 2018 2019 2018 Accounts receivable Less: Choose from any list or enter any number in the input fields and then continue to the next question 44 ** F3 F2 & $ % 7 8 # 6 4 5 3 P 2 Y U E