Perform the following accounting for the receivables of Freeman and Jones, a law firm, at December 31,2021. Read the requirements. the T-accounts: a. Service revenue of $704,000, all on account b. Collections on account, $718,000 c. Write-offs of uncollectible accounts, $14,000 d. Uncollectible-account expense (allowance method), $15,000. What are the ending balances of Accounts Receivable and Allowance for Uncollectible Accounts? account expense.) Requirements Requirement 3. Show how Freeman and Jones will report accounts receivable on its balance sheet at December 31,2021. 1. Start with the beginning balances for these T-accounts: - Accounts Receivable, $101,000 - Allowance for Uncollectible Accounts, $8,000 Post the following 2021 transactions to the T-accounts: a. Service revenue of $704,000, all on account b. Collections on account, $718,000 c. Write-offs of uncollectible accounts, $14,000 d. Uncollectible-account expense (allowance method), $15,000 2. What are the ending balances of Accounts Receivable and Allowance for Uncollectible Accounts? 3. Show how Freeman and Jones will report accounts receivable on its balance sheet at December 31, 2021. Perform the following accounting for the receivables of Freeman and Jones, a law firm, at December 31,2021. Read the requirements. the T-accounts: a. Service revenue of $704,000, all on account b. Collections on account, $718,000 c. Write-offs of uncollectible accounts, $14,000 d. Uncollectible-account expense (allowance method), $15,000. What are the ending balances of Accounts Receivable and Allowance for Uncollectible Accounts? account expense.) Requirements Requirement 3. Show how Freeman and Jones will report accounts receivable on its balance sheet at December 31,2021. 1. Start with the beginning balances for these T-accounts: - Accounts Receivable, $101,000 - Allowance for Uncollectible Accounts, $8,000 Post the following 2021 transactions to the T-accounts: a. Service revenue of $704,000, all on account b. Collections on account, $718,000 c. Write-offs of uncollectible accounts, $14,000 d. Uncollectible-account expense (allowance method), $15,000 2. What are the ending balances of Accounts Receivable and Allowance for Uncollectible Accounts? 3. Show how Freeman and Jones will report accounts receivable on its balance sheet at December 31, 2021