Perform the following accounting for the receivables of Isaacson and Rubenstein, a law firm, at December 31,2021. Read the reguicements. Requirements 1 and 2. Start with the beginning balances for these T-accounts: Accounts Recelvable, $97,000, Allowance for Uncollectible Accounts, $12,000. Post the following 2021 transactions to the T-accounts: a. Service revenue of $695,000, all on acoount b. Collections on account, $720,000 c. Write-offs of uncollectible accounts, $9,000 d. Uncolloctible-account expense (alowance method), $7,000. What are the ending balances of Accounts Roceivable and Allowance for Uncollectible Accounts? Prepare the T-accounts for accounts recelvable and allowance for uncollectible acoounts. (Abbreviation used: Beg bal a Beginning balance; End bal = Ending balance; Uncol acct exp = Uncollectible account expense.) Requirements 1. Start with the beginning balances for these T-accounts: - Accounts Receivable, $97,000 - Allowance for Uncollectible Accounts, \$12,000 Post the following 2021 transactions to the T-accounts: a. Service revenue of $695,000, all on account b. Collections on account, $720,000 c. Write-offs of uncollectible accounts, $9,000 d. Uncollectible-account expense (allowance method), $7.000 2. What are the ending balances of Accounts Receivable and Allowance for Uncollectible Accounts? 3. Show how Isaacson and Rubenstein will report accounts receivable on its balance sheet at December 31, 2021