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The September 30, 2019, records of Image Communications include these accounts: click the icon to view the September 30, 2019 account balances.) During the last quarter of 2019, the company completed the following selected transactions: Click the icon to view the selected transactions.) I R Requirement 1. Record the transactions for the last quarter of 2019 in the journal. Explanations are n entries.) Wrote off as uncollectible the $1,500 account receivable from Cheap Carpets and the $300 account rec Journal Entry Date Accounts Debit Credit Nov 30 Adjusted the Allowance for Uncollectible Accounts and recorded doubtful-account expense at year-end, ba Journal Entry Date Accounts Dec 31 Debit Credit 1 Requirement 2. Prepare a T-account for Allowance for Uncollectible Accounts with the appropriate beginning Open the T-account by posting the beginning balance. Then post the entries to the Allowance for Uncollectible Allowance for Uncollectible Accounts Choose from any list or enter any number in the input fields and then continue to the The September 30, 2019, records of Image Communications include these accounts: E!! Click the icon to view the September 30, 2019 account balances.) During the last quarter of 2019, the company completed the following selected transactions: Click the loan to view the selected transactions.) Requirement 2. Prepare a T-account for Allowance for Uncollectible Accounts with the appropriate ! Open the T-account by posting the beginning balance. Then post the entries to the Allowance for Une Allowance for Uncollectible Accounts Requirement 3. Show how Image Communications will report its accounts receivable in a comparative 2018, the company's Accounts Receivable balance was $213,000, and the Allowance for Uncollectible 31, 2019 given in the problem data.) Image Communications Comparative Balance Sheet (partial) December 31, 2019 and 2018 2019 2018 Less: Choose from any list or enter any number in the input fields and then continue to the next question More Info ethes S.) at 1% of cre the balance e. o be used at 3 sell Accounts Receivable and aging schedule to be used at December 31, 2019 Age of Accounts Accounts Receivable 1-30 Days 31-60 Days 61-90 Days Over 90 Days $234,000 $ 140,000 $ 53,000 $ 16,000 $ 25,000 Estimated percent uncollectible 0.2% 2% 15% 35% in the entries.) Car Print Done Data Table ubtful-account ex At September 30, 2019: Accounts Receivable Allowance for Uncollectible Accounts $ 248,000 (8,200) More Info X Nov 30 Wrote off as uncollectible the $1,500 account receivable from Cheap Carpets and the $300 account receivable from Priceless Antiques. Adjusted the Allowance for Uncollectible Accounts and recorded uncollectible-account expense at year-end, based on the aging of receivables. Dec 31 Print Done athen continue to the next
