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Problem 5-3A (Algo) Record transactions related to accounts receivable ( LO5-3, 5-4, 5-5) The following events occur for The Turner Corporation during 2024 and 2025

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Problem 5-3A (Algo) Record transactions related to accounts receivable ( LO5-3, 5-4, 5-5) The following events occur for The Turner Corporation during 2024 and 2025 , its first two years of operations. June 12, 2024 Provide services to customers on account for $31,400. September 17, 2024 Receive $17,000 from customers on account, December 31,2024 Estinate that 408 of accounts receivable at the end of the year will not be received. March 4, 2025 Provide services to custoners on account for $46,400. May 20, 2025 Receive $10,000 from customers for services provided in 2024. July 2, 2025 Write off the remaining anounts owed from services provided in 2024. October 19, 2025 Receive $37,000 from customers for services provided in 2025. Decenber 31, 2025 Estimate that 408 of accounts receivable at the end of the year will 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 recelvable reported in the balance sheet at the end of 2024 and 2025. Complete this question by entering your answers in the tabs below. Record transactions for each date. (If no entry is required for a particular transaction/event, select "No lournal Entry Required" in the first account field.) Record transactions for each date. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entrv workshent Journal entry worksheet Receive $17,000 from customers on account. Note: Enter debits before credits. worksheet Estimate that 40% of accounts receivable at the end of the year will not be received. Note: Enter debits before credits. Journal entry worksheet

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