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Perform the following accounting for the receivables of Evans and Tanner, an accounting firm, at December 31,2020 . Requirements 1. and 2. Prepare the T-accounts

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Perform the following accounting for the receivables of Evans and Tanner, an accounting firm, at December 31,2020 . Requirements 1. and 2. Prepare the T-accounts for accounts receivable and allowance for uncollectible accounts. (Leave Requirement 3. Show two ways Evans and Tanner could report accounts receivable on its balance sheet at December 3 Now show an alternate method of reporting accounts receivable on the balance sheet at December 31,2020 . Requirements 1. Start with the beginning balances for these T-accounts: - Accounts Receivable, $80,000 - Allowance for Uncollectible Accounts, \$6,000 Post the following 2020 transactions to the T-accounts: a. Service revenue of $851,000, all on account b. Collections on account, $793,000 c. Write-offs of uncollectible accounts, $5,000 d. Bad debt expense (allowance method), $10,000 2. What are the ending balances of Accounts Receivable and Allowance for Uncollectible Accounts? 3. Show two ways Evans and Tanner could report accounts receivable on its balance sheet at December 31, 2020

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