Renue Spa had the following balances at December 31, Year 2: Cash of $17,000, Accounts Receivable of $85,000, Allowance for Doubtful Accounts of $2,300, and Retained Earnings of $99,700. During Year 3, the following events occurred: 1. $2,400 of accounts receivable were written off as uncollectible. 2. Renue unexpectedly collected $180 of receivables that had been written off in a previous accounting period. 3. Services provided on account during Year 3 were $217,000. 4. Cash collections from receivables were $218,991. 5. Uncollectible accounts expense was estimated to be 1 percent of the sales on account for the period. Required: 1. Organize the transaction data in accounts under an accounting equation. 2. Based on the preceding information, compute (after year-end adjustment): (1) Balance of Allowance for Doubtful Accounts at December 31, Year 3. (2) Balance of Accounts Receivable at December 31, Year 3 (3) Net realizable value of Accounts Receivable at December 31, Year 3. 3. What amount of uncollectible accounts expense will Renue Spa have for Year 3? Complete this question by entering your answers in the tabs below. Req A Organize the transaction data in accounts under an accounting equation. Note: Enter any decreases to account balances with a minus sign. Not all cells require input. Event Req B and C Balance Assets Cash + 17,000+ NRV Accounts Receivable RENUE SPA Accounting Equation Liabilities + + Equity Retained Earnings Account Titles for Retained Earnings

Renue Spa had the following balances at December 31, Year 2: Cash of $17,000. Accounts Receivable of $85,000, Allowance for Doubtful Accounts of $2,300, and Retained Earnings of $99,700. During Year 3 , the following events occurred: 1. $2,400 of accounts receivable were written off as uncollectible. 2. Renue unexpectedly collected $180 of receivables that had been written off in a previous accounting period. 3. Services provided on account during Year 3 were $217,000. 4. Cash collections from receivables were $218,991. 5. Uncollectible accounts expense was estimated to be 1 percent of the sales on account for the period. Required: 1. Organize the transaction data in accounts under an accounting equation. 2. Based on the preceding information, compute (after year-end adjustment): (1) Balance of Allowance for Doubtful Accounts at December 31, Year 3. (2) Balance of Accounts Receivable at December 31, Year 3 (3) Net realizable value of Accounts Receivable at December 31, Year 3. 3. What amount of uncollectible accounts expense will Renue Spa have for Year 3 ? Complete this question by entering your answers in the tabs below. Organize the transaction data in accounts under an accounting equation. Note: Enter any decreases to account balances with a minus sign, Not ail celis require input. Complete this question by entering your answers in the tabs below. Organize the transaction data in accounts under an accounting equation. Note: Enter any decreases to account balances with a minus sign. Not all cells require input. Required: 1. Organize the transaction data in accounts under an accounting equation. 2. Based on the preceding information, compute (after year-end adjustment): (1) Balance of Allowance for Doubtful Acunts at December 31, Year 3. (2) Balance of Accounts Receivable at December 31, Year 3 (3) Net realizable value of Accounts Receivable at December 31, Year 3. 3. What amount of uncollectible accounts expense will Renue Spa have for Year 3 Complete this question by entering your answers in the tabs below. Based on the preceding information, compute (after year-end adjustment): (1) Balance of Allowance for Doubtful Accounts at December 31, Year 3. (2) Balance of Accounts Receivable at December 31, Year 3. (3) Net realizable value of Accounts Receivable at December 31, Year 3. What amount of uncollectible accounts expense will Renue Spa have for Year 3