records of Media Communications include these ons estimates Uncolecu w the September 30, 2019 account balances.) of 2019, the company completed the following selected at 1% of credit sales. At year-end (December 31), the compar receivables and adjusts the balance in the Allowance for Unco correspond to the following aging schedule. (Click the icon to view the Accounts Receivable balance ar to be used at December 31, 2019.) Read the requirements ew the selected transactions.) - Ist, then credits. Ex Jes. ed the transacti Data Table journal entries tible the $1,500 At September 30, 2019: Accounts Receivable Allowance for Uncollectible Accounts $ 250,000 (8,100) Print Done wance for Uncollectible Accounts and recorded doubtful-account expense at year-end, based on the aging of receivables. Journal Entry Accounts Debit Credit my list or enter any number in the input fields and then continue to the next question This course (BUSNIA Financial Accounting - Summer 2020 - Las Positas College is based on Thomas/Tietz: Financial Accounting 12e MacBook Air 80 F3 888 F4 F8 FO F? FB DD TO # $ A & * 4 % 5 6 7 ( 9 8 0 E R T Y U 'T 0 mber 30, 2019, records of Media Communications include these the icon to view the September 30, 2019 account balances) During the year, Media Communications estimates Uncollectible-account expen at 1% of credit sales. At year-end (December 31), the company ages its receivables and adjusts the balance in the Allowance for Uncollectible Accounts correspond to the following aging schedule. Click the icon to view the Accounts Receivable balance and aging schedule to be used at December 31, 2019.) last quarter of 2019, the company completed the following selected k the icon to view More Info Fredits. Exclude ament 1. Record the stions from any lourd off as uncollectible Accounts Receivable and aging schedule to be used at December 31, 2019 Age of Accounts Accounts Receivable 1-30 Days 31-60 Days 61.90 Days Over 90 Days $236,000 $ 143,000 $ 45,000 $ 15,000 $ 33,000 Estimated percent uncollectible 0.2% 2% 15% 35% 30 Print Done usted the Allowance for Journal Entry Accounts Date Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question This course (BUSNIA Financial Accounting Summer 2000. Las Positas College is based on Thomas Tiete Financial Accounting 12 MacBook Air so 3 bb $ 4 3 5 6 & 7 8 9 o E R T Y U - O D F G H J L C V B Z . ? Question Help V The September 30, 2010, records of Media Communications include these accounts: Click the icon to view the September 30, 2019 account balances.) During the last quarter of 2018, the company completed the following selected transactions (Click the icon to view the selected transactions.) During the year, Media Communications estimates Uncollectible-account expense at 1% of credit sales. Al year-end (December 31), the company ages its rectivables and adjusts the balance in the Allowance for Uncollectible Accounts to correspond to the following aging schedule. (Click the icon to view the Accounts Receivable balance and aging schedule to be used at December 31, 2019.) Read the scene Requirement 1. Record the transactions for the last quarter of 2019 in the journal. Explanations are not required. (Record debits first the credits. Exclude explanations from any journal entries) Wrote off as uncollectible the $1.500 account receivable from Cheap Carpets and the $800 account receivable from Retired Antiques ary Journal Entry Accounts Date Debit Credit Nov 30 Mad Adjusted the Allowance for Uncollectible Accounts and recorded doubtful-account expense at year-end, based on the aging of receivables. Journal Entry Date Accounts Debit Credit Choose from any list or enter any number in the input folds and then continue to the next question. This course (BUSNTA Financial Accounting-Summer 2020 Las Pastas College is based on Thomas/Ties Financial Accounting 12e MacBook Air 3 29 33 2 96 5 2 3 4 6 > 0 7 B W E R Y U 0 P S D F G H J L > X C V B Z M . y mand command The Suplember 30, 2019, records of Media Communications include those During the year, Media Communications estimates Uncollectible-account experise accounts at 1% of credit sales. At year-end (December 31), the company ages its Click the icon to view the September 30, 2019 count balances.) receivables and adjust the balance in the Alowance for Uncollectole Accounts to correspond to the following aging schedule During the last quarter of 2019, the company completed the following selected (Click the foon to view the Accounts Receivable balance and aging schedule transactions to be used at December 31, 2019) Click the loon to view the selected transactions.) Read the forements Adjusted the lowance for Uncollectible Accounts and recorded out account expense at year-end, based on the aging of receivables Journal Entry Date Accounts Debat Credit Dec 31 edia Library nic Study munication to Requirement 2. Prepare a Taccount for Allowance for Uncollectible Accounts with the appropriate beginning balance Pout the entries from Requirement to that wont Open the account by poving the beginning balance. Then post the entries to the Allowance for Uncollectible Accounts account and calculate the ending balance Allowance for Uncolectible Accounts Choose from any list or enter any number in the input fields and then continue to the next question This course USA and Accourcing-Summer 2000- Las Pastas Colege is based on Thomas Tierracial Accounting the MacBook Air : $ 4 7 2 3 5 6 7 8 9 0 - Q W R Y m U 1 O P I S D F G K L N N C V B N M V- ? T 1 fon command command option transactions Click the loon to view the selected transactions.) to be used at December 31, 2019) Read the former 5 Requirement 3. Show how Media Communications will report is accounts receivable in a compartive balance sheet for 2018 and 2019. (Use the three tine reporting media Library formal) December 31, 2018, the company's Accounts Receivable balance was 1214.000, and the Allowance for Uncollectible Accounts stood at $4.500 (Be sure to use the Accounts Receivable balance December 31, 2017 given in the problem data) apter Resources Media Communications Comparative Balance Sheet partial ynamic Study Mod December 31, 2017 and 2018 Communication to 2019 2018 Choose from any of yumber in the intelids and then continue to the next question This count Accountr-Summer 2000- Las Posts College is based on Thomaet: Prancaccio 12 MacBook Air a! 1 2 3 $ 4 34 5 6 7 - 8 9 > 0 Q W E R T Y U 1 O P S D F G H J L V N C > N ? M . 1 8 % ption command command option