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Required information Problem 5-3A Record transactions related to accounts receivable (LOS-3,5-4,5-5) [The following information applies to the questions displey The following events occur for The
Required information Problem 5-3A Record transactions related to accounts receivable (LOS-3,5-4,5-5) [The following information applies to the questions displey The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations 12. 2823 Provide services to customer September 17, 20, December 30, 2023 CH May 28, 2022 Pece 3hulp 2, 2012 wa provin 221. ctober 13, 2822 ce 35, 22 serinate Problem 5-3A Part 1 1. Record transactions for each date. (if no entry is required for a particular transaction event select "No Journal Entry Required in Answer is complete but not entirely correct. General Journal Accounts Receiv 31,4000 Creat 31,400 Service Raven 17.000. Accounts Receivable 5.760 Un Accounta he frst accounted) June 12, 2001 September 17, 200 December 31, 200 that Debt Expe Accounts a Service Revenue May 20, 2002 Accounts Receivacia Cbr 19, 2022 C 37,000->> Accounts Receivacia 27,000 -2.760 0 Allowance for Uncle Accounts --3,760 roblem 5-3A Part 2 Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. Cash Accounts Receivable June 12, 2021 17,000 December 31, 2021 17,000 December 31, 2021 March 4, 2022 December 31, 2022 17,000 December 31, 2022 Allowance for Uncollectible Accounts December 31, 2021 December 31, 2022 Propiem 5-3A Part 3 3. Calculate net accounts receivable at the end of 2021 and 2022. 2021 2022 Total accounts receivable Net accounts receivable 3 00 00 00 00 00 00 00 00 9 6.760- 10,000 - 4.000 Required information Problem 5-3A Record transactions related to accounts receivable (LOS-3,5-4,5-5) [The following information applies to the questions displey The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations 12. 2823 Provide services to customer September 17, 20, December 30, 2023 CH May 28, 2022 Pece 3hulp 2, 2012 wa provin 221. ctober 13, 2822 ce 35, 22 serinate Problem 5-3A Part 1 1. Record transactions for each date. (if no entry is required for a particular transaction event select "No Journal Entry Required in Answer is complete but not entirely correct. General Journal Accounts Receiv 31,4000 Creat 31,400 Service Raven 17.000. Accounts Receivable 5.760 Un Accounta he frst accounted) June 12, 2001 September 17, 200 December 31, 200 that Debt Expe Accounts a Service Revenue May 20, 2002 Accounts Receivacia Cbr 19, 2022 C 37,000->> Accounts Receivacia 27,000 -2.760 0 Allowance for Uncle Accounts --3,760 roblem 5-3A Part 2 Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. Cash Accounts Receivable June 12, 2021 17,000 December 31, 2021 17,000 December 31, 2021 March 4, 2022 December 31, 2022 17,000 December 31, 2022 Allowance for Uncollectible Accounts December 31, 2021 December 31, 2022 Propiem 5-3A Part 3 3. Calculate net accounts receivable at the end of 2021 and 2022. 2021 2022 Total accounts receivable Net accounts receivable 3 00 00 00 00 00 00 00 00 9 6.760- 10,000 - 4.000
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