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Required: 1. Calculate the allowance for uncollectible accounts. 2. Record the December 31, 2021 adjustment, assuming the balance of Allowance for Uncollectible Accounts before adjustment

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Required: 1. Calculate the allowance for uncollectible accounts. 2. Record the December 31, 2021 adjustment, assuming the balance of Allowance for Uncollectible Accounts before adjustment is $500 (debit 3. On April 3, 2022, a customer's account balance of $600 is written off as uncollectible. Record the write-off. 4. On July 17, 2022, the customer whose account was written off in Requirement 3 unexpectedly pays $200 of the amount but does not expect to pay any additional amounts. Record the cash collection 16 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the allowance for uncollectible accounts. Age Group Estimated Amount Uncollectible Not yet due 0-30 days past due 31-60 days past due More than 60 days past due Total 5 0 On April 15, 2021. Sampson Consulting provides services to a customer for $103,000. To pay for the services, the customer signs a three-year, 12% note. The face amount is due at the end of the third year, while annual interest is due each April 15. (Hint Because the note is accepted during the middle of the month, Sampson plans to recognize one-half month of interest revenue in April 2021, and one-half month of interest revenue in April 2024.) Required: 1. Record the acceptance of the note on April 15, 2021. 2. Record the interest collected on April 15 for 2022 and 2023, and the adjustment for interest revenue on December 31, 2021, 2022. and 2023 3. Record the cash collection on April 15, 2024. Prepare the journal entries for the above transactions. (Do not round intermediate calculations. If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the acceptance of the note. Note: Enter debits before credits Date April 15.2021 General Journal Debit Credit Record the acceptance of the note on April 15, 2021 Record the interest collected on April 15 for 2022 and 2023, and the adjustment for interest And 2023 Record the cash collection on Apr 15, 2024 epare the journal entries for the above transactions. (Do not round Intermediate calculation ansaction/event, select "No Journal Entry Required in the first account field.) View attest Journal entry worksheet 1 2 5 Record the adjusting entry for interest receivable as of December 31, 2021 er det er Date December 31, 2021 General Deb Racon Claway Mar ama | MacBook Air 20 28 * S 4 & 7 6 8 W E R. T Y U S D F F G H J . C V B N Prepare the journal entries for the above transactions. (Do not round intermediate calcul transaction/event, select "No Journal Entry Required in the first account field) View transactional Journal entry worksheet 2 3 5 6 7 > Record the receipt of annual interest as of April 15, 2022 Note: Freeride General Da Art 15.2022 Cleary View gener Record the adjusting entry for interest receivable as of December 31, 2022 before Date December 2022 General Journal C Record Carey Oste Alt 2023 Det Cadet MacBook Air 3 $ 4 X 5 & 6 00 8 N E R. T Y Y U s D F G G . J C V B N 36 Prepare the journal entries for the above transactions. (Do not round intermediate transaction/event, select "No Journal Entry Required in the first account field) View traction fil Journal entry worksheet 5 7 Record the adjusting entry for interest receivable as of December 31, 2023 att det before credits D31,2023 Go Record Cherry

6 & 7 N. 8 W E R T Y U S D F G H J C V B N. Se on April 15, 2021 rest collected on April 15 for 2022 and 2023. and the adjustment for and 2023 3. Record the cash collection on April 15, 2024 Prepare the journal entries for the above transactions. Do not round intermediate cake transaction/event, select "No Journal Entry Required in the first accountfield) View transaction Journal entry worksheet C. 5 5 Record the cash collection 3 Art.15.2004 Demand Chwy View Prev 21 22 Next 8: 3 $ 4 % 5 - 6 7 8 E R T Y U - D F G H J X C V B N M

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