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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 Benson Corporation during 2024 and 2025, its

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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 Benson Corporation during 2024 and 2025, its first two years of operations. June 12,2024 Provide services to customers on account for $30,200, Septenber 17,2024 . Aeceive $16, eee from custosers on account. Oecember 31,2024 Estimate that 405 of accounts receivable at the end of the year will not be received. March 4, 202s Provide services to customers on account for 145,2ea. May 20,2025 Heceive $10, e0e from customers for services provided in 2024. July 2,2025 Write off the rehaining amounts owed fros services prowided in 2024, October 19,2025 lecelve $36,600 from custoners for services provided in 2025 , Decenber 31,2025 .stimate that 40 s of accounts recelvable at the end of the year wal 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

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