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Please answer parts 1 - 3 b During 2 0 2 4 , its first year of operations, Riley Construction provides services on account of

Please answer parts 1-3b
During 2024, its first year of operations, Riley Construction provides services on account of $142,000. By the end of 2024, cash
collections on these accounts total $101,000. Riley estimates that 25% of the uncollected accounts will be uncollectible. In 2025, the
company writes off uncollectible accounts of $9,225.
Record the adjusting entry for uncollectible accounts on December 31,2024.
2-a. Record the write-off of accounts receivable in 2025.
2-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2025(before adjustment in 2025).
3-a. Assume the same facts as above but assume actual write-offs in 2025 were $14,760. Record the write-off of accounts receivable
3-b. Calculate the balance of Allowance for Uncollectible Accounts at the
Record the write-off of accounts receivable in 2025.
Enter debits before credits.
Note: Enter debits before credits.
Record the write-off of accounts receivable in 2025.
Record the adjusting entry for Uncollectible Accounts.
Journal entry worksheet
Journal entry worksheet
1
Record the adjusting entry for Uncollectible Accounts.
Note: Enter debits before credits.
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