record adjustment entry for uncollectable accounts &calculate the net realized value of accounts receivable.

Question 3 (of 9) Save & Exit Submit Time remaining: 4:0321 10.00 points During 2018, its first year of operations, Pave Construction provides services on account of $126,000. By the end of 2018, cash colections on these accounts total $93,000. Pave estimates that 20% of the uncollected accounts wie be bad debts. Required: 1. Record the adjustment for uncollectible accounts on December 31, 2018, (If no entry is required for a transaction/event, select "No journal entry requlred" in the first account field.) view transaction ist