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quiz 3. During its first year of operations, G Company provides services on account of $250,000. By the end of the year, cash collections on these accounts total $130,000. The company estimates that 10% of accounts receivable will be uncollectible at the end of the year. On March 13, G Company writes off a customer's account of $3,800. On June 3, the customer unexpectedly pays the $3,800 balance. G Company uses the allowance method.

Required: a) Determine the uncollectible accounts expense for the year. b) Prepare the entries required on March 15 and June 3. c) The adjusting entry to be made of December 31. d) The balance in Allowance for Doubtful Accounts after adjustment. e) The net realizable value of the accounts receivable

ase required.