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Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. Required Information {The following information applies to the questions displayed below.]
Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts.
Required Information {The following information applies to the questions displayed below.] The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations. June 12, 2021 Provide services to customers on account for $34,480. September 17, 2021 Receive $19,5ee from customers on account. December 31, 2021 Estimate that 45% of accounts receivable at the end of the year will not be received. March 4, 2822 Provide services to customers on account for $49, 4ee. May 20, 2022 Receive $10,000 from customers for services provided in 2021. July 2, 2022 Write off the remaining amounts owed from services provided in 2021. October 19, 2022 Receive $39, see from customers for services provided in 2022. December 31, 2022 Estimate that 45% of accounts receivable at the end of the year will not be received. 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. Answer is not complete. Cash 10.500 Accounts Receivable 34.400 10.500 September 17, 2021 June 12. 2021 September 17, 2021 December 31, 2021 May 20.2022 October 10. 2022 19,500 10.000 39.500 olol December 31, 2021 March 4, 2022 14,900 40.400 10.000 4,900 39,500 May 20, 2022 July 2, 2022 October 10, 2022 December 31, 2022 69.000 December 31, 2022 0.000 July 2. 2022 Allowance for Uncollectible Accounts 6.705 December 31, 2021 4.000 December 31, 2022 1.805 December 31, 2022Step by Step Solution
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