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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 Spanoccio Corporation during 2024 and 2025. its
Problem 5-3A (Algo) Record transactions related to accounts receivable (LO5-3, 5-4, 5-5) The following events occur for The Spanoccio Corporation during 2024 and 2025. its first two years of operations. Tung 12, 2024 Trovide mervicen to customern on acoount for 535,600 . septesbes 17,2024 Mecelve $20,500 fron customern on apeount: Harch 4,2025 Provide servicen to custoners on aceouat for $50,600. Kay 20, 2025 Receive $10,000 fron cuatoeseri for wervices provided in 2024. July 2, 2025 Mrite oft the remsinthg anoshts oved from lervices provided in 2024. october 19; 2025 Meceive 540,300 . from custonera for servicea provided in 2025. Decenber 31,2025 , Kstimate that ist of accoants redeivable at the end of the year w111 not be recelved. Required: 1. Record transactions for each date. 2. Post transactions to the following accounts: Cash, Accounts Recelvable, and Allawance for Uncollectible Accounts. 3. Calculate net accounts recelvable reported in the balance sheet at the end of 2024 and 2025 \begin{tabular}{|c|c|c|c|c|c|} \hline & & & & & \\ \hline \multirow[t]{3}{*}{4} & March 04, 2025 & Accounts Receivable & & 50,6000 & \\ \hline & & Service Revenue & (0) & & 50,6000 \\ \hline & & & & & = \\ \hline 5 & May 20,2025 & Cash & 0 & 10,000 & \\ \hline \multirow[t]{2}{*}{. } & & Accounts Receivable & & & 10,000 \\ \hline & & . & & & \\ \hline \multirow[t]{2}{*}{6} & July 02,2025 & Allowance for Uncollectible Accounts & Q & 5,100 & \\ \hline & & Accounts Receivable & 0 & +2 & 5,100 \\ \hline \multirow[t]{3}{*}{7} & October 19.2025 & Cash & 8 & 40,5000 & \\ \hline & & Accounts Receivable & Q & & 40.5000 \\ \hline & & & 7 & & \\ \hline \multirow[t]{2}{*}{ B } & December 31,202 & 2 Bad Debt Exponso & (2) & & \\ \hline & & Allowance for Uncolloctble Accounts & (0) & & \\ \hline \end{tabular} Requipa 2 ; Pont transactions to the following accounts: Cask, Accounts Receivable, and Alowance for Uncollectiole Accounts Answer is not complete. Complete this question by entering your answers in the tabs below. Calculate net accounts recelvable reported in the balance sheet at the end of 2024 and 2025
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