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Oklahoma Co. reported the following events in 2021 and 2022, its first two years of operation Doints) Required information [The following information applies to the
Oklahoma Co. reported the following events in 2021 and 2022, its first two years of operation
Doints) Required information [The following information applies to the questions displayed below.) Oklahoma Co. reported the following events in 2021 and 2022, its first two years of operations. February 2, 2021 Provide services to customers on account for $28,400. July 23, 2021 Receive $19,000 from customers on account. December 31, 2021 Estimate that 256 of uncollected accounts will not be received. April 12, 2022 Provide services to customers on account for $41,400. June 28, 2022 Receive $6,000 from customers for services provided in 2021. September 13, 2022 Write off the remaining amounts owed from services provided in 2021. October 5. 2022 Receive $37,000 from customers for services provided in 2022. December 31, 2022 Estimate that 256 of uncollected accounts will not be received. Required: 1. Record transactions for each date. (If no entry is required for a particular transaction/event, select "No Journal Enti the first account field.) View transaction lint Journal entry worksheet the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 B > Provide services to customers on account for $28,400. Note: Enter debits before credits Date General Journal Debit Credit Feb. 2. 2021 Record entry Clear entry View general Journal the first account field.) View transaction list Journal entry worksheet Receive $19,000 from customers on account. Note: Enter debits before credits. Date General Journal Debit Credit Jul 23, 2021 Record entry Clear entry View general Journal View transaction list Journal entry worksheet 1 2 5 6 7 B > Estimate that 25% of uncollected accounts will not be recelved. (Hint: find the ending balance in Acct Rec. by posting the 2021 entries to the T-accounts in Reg. 2.) Note: Enter debits before credits Date General Journal Debit Credit Dec 31, 2021 Record entry Clear entry View poneral journa View transaction list Journal entry worksheet Provide services to customers on account for $41,400. Note: Enter debits before credits Date General Journal Debit Credit Apr. 12. 2022 Record entry Clear entry View general Journal View transaction list Journal entry worksheet Receive $6,000 from customers for services provided in 2021. Note: Enter debits before credits Date General Journal Debit Credit Jun 28, 2022 Record entry Clear entry View general Journal the first account field.) View transaction list Journal entry worksheet Receive $37,000 from customers for services provided in 2022. Note: Enter debits before credits Date General Journal Debit Credit Oct. 5. 2022 Record entry Clear entry View general Journal View transaction list Journal entry worksheet 1 2 3 4 5 6 7 B. NUM > Estimate that 25% of uncollected accounts will not be received. (Hint: find the ending balances in Acct Rec. and the Allowance by posting the 2022 entries to the T-accounts In Req. 2.) Note: Enter debits before credits. Date General Joumal Debi Credit Dec 31, 2022 Record entry Clear entry View general Journal Step by Step Solution
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