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Please complete 1-3 . i included the tables i tried to complete but need to further completed. thank you! Post transactions to the following accounts:
Please complete 1-3 . i included the tables i tried to complete but need to further completed. thank you!
Post transactions to the following accounts: Cash, Acoounts Receivable, and Allowance for Uncollectible Accounts. Calculate net accounts receivable reported in the balance sheet at the end of 2024 and 2025 . Problem 5-3A (Algo) Record transactions related to accounts receivable (LO5-3, 5-4, 5-5) The following events occur for The Benson Corporation during 2024 and 2025, its first two years of operations. June 12, 2024 Provide services to customers on account for $30,280. September 17, 2024 Receive $16,000 fron custoners on account. December 31,2024 Estimate that 402 of accounts receivable at the end of the year will not be received. March 4, 2025 Provide services to custoners on account for $45,208. May 20, 2025 Receive $16,0e0 from customers for services provided in 2024. July 2, 2025 Write off the remaining anounts owed fron services provided in 2024. October 19,2025 Receive $36,000 from custoners for services provided in 2825 . Decerber 31, 2025 Estimate that 40% of accounts receivable at the end of the year witl not be received. Required: 1. Record transactions for each date. 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. 3. Calculate net accounts receivable reported in the balance sheet at the end of 2024 and 2025 Step by Step Solution
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