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QUESTION 2020 POINTS) The balance of accounts receivable is $270,000. The allowance for uncollectible con las acreditace of 2.00 Net credit sales for the year

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QUESTION 2020 POINTS) The balance of accounts receivable is $270,000. The allowance for uncollectible con las acreditace of 2.00 Net credit sales for the year were 5771.000 and cash sales were 568.000. Information feest collectible accomes expense is presented below. For each pension, prepare the dating to record the estimate and determine the resultant balance in the sllowance for uncollectibles 2. The company was the aging-of-accounts receivable method. A partialaging of accounts receivable balance presented below: Percentage Days Orstadt Amount collectie Not yet due 5150,000 31-60 days pas de 50.000 3% 1.90 days pasto 10,000 10% 91-120 days put de 20,000 Over 120 days past due 10.000 Date Acame Balance in the slowance for collectible accounts The company uses the percent of sales method. Historical data indicates that approximacy of net diales are collectible Dich Accountams b. The company uses the percent-of-sales method. Historical data indicates that approximately 4% of net credit sales are uncollectible Date Account name Debit Credit Balance in the allowance for uncollectible accounts is QUESTION #3 (21 POINTS) Diego Company purchased a tract of land and contracted with a builder to build an office building, a parking lot, and landscaping. The following transactions resulted from the contractor's activities. Determine the total costs allocated to the land, building, and land improvements accounts. Purchased land for $135,000. Paid a demolition company $35,000 to remove an old structure on the property. Paid $14.000 in delinquent taxes on the property Paid the contractor $333,000 to design and build the office building Paid $24,000 for fencing Paid 519,000 for paving Paid an electrical contractor $21,000 for outdoor lighting Cost of land s

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