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Required Information Problem 5-3A Record transactions related to accounts receivable (LO5-3,5-4,5-5) [The following information applies to the questions displayed below) The following events occur for

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Required Information Problem 5-3A Record transactions related to accounts receivable (LO5-3,5-4,5-5) [The following information applies to the questions displayed below) The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations June 12, 2021 Provide services to customers on account for $29,640. September 17, 2021 Receive $15, see from customers on account. December 31, 2021 Estimate that ass of accounts receivable at the end of the year will not be received. March 4, 2022 Provide services to customers on account for 544,500 May 20, 2022 Receive $10,000 from customers for services provided in 2021. July 2, 2022 write off the remaining amounts owed from services provided in 2021 October 19, 2022 receive $35,500 from customers for services provided in 2022 December 31, 2022 Estimate that 45% of accounts receivable at the end of the year will not be received Problem 5-3A Part 2 2. Post transactions to the following accounts Cash, Accounts Receivable, and Allowance for Uncollectible Accounts Required Information Problem 5-3A Record transactions related to accounts receivable (L05-3,5-4,5-5) The following information applies to the questions displayed below) The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations, June 12, 2021 Provide services to customers on account for $29,500 September 17, 2021 Receive 515,500 from customers on account December 31, 2021 Istinate that 45x of accounts receivable at the end of the year will not be received March 4, 2022 Provide services to customers on account for 544,600 May 20, 2022 Receive $10,000 from customers for services provided in 2021. July 2, 2022 Write off the remaining amounts owed from services provided in 2021. October 19, 2022 Receive $35,500 from customers for services provided in 2022. December 31, 2022 Estimate that 45% of accounts receivable at the end of the year will not be received Problem 5-3A Port 1 Required: 1. Record transactions for each date (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account Teld.) Required information Problem 5-3A Record transactions related to accounts receivable (L05-3,5-4,5-5) [The following information applies to the questions displayed below) The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations June 12, 2021 Provide services to customers on account for $29,600 September 17, 2021 Receive $15,500 from customers on account. December 31, 2021 Estimate that 45% of accounts receivable at the end of the year will not be received March 4, 2022 Provide services to customers on account for $44,600 May 20, 2022 Receive $10,000 from customers for services provided in 2021. July 2, 2022 Write off the remaining amounts owed from services provided in 2021. October 19, 2022 Receive 535,500 from customers for services provided in 2022 December 31, 2022 Estimate that 45% of accounts receivable at the end of the year will not be received Problem 5-3A Part 3 3. Calculate net accounts receivable at the end of 2021 and 2022

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