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Required information Skip to question [The following information applies to the questions displayed below.] The following events occur for The Underwood Corporation during 2021 and

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[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.

June12,2021Provide services to customers on account for $35,600.September17,2021Receive $20,500 from customers on account.December31,2021Estimate that 45% of accounts receivable at the end of the year will not be received.March4,2022Provide services to customers on account for $50,600.May20,2022Receive $10,000 from customers for services provided in 2021.July2,2022Write off the remaining amounts owed from services provided in 2021.October19,2022Receive $40,500 from customers for services provided in 2022.December31,2022Estimate that 45% of accounts receivable at the end of the year will not be received.

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 field.)

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frect or incorrect for the work you have completed so far. It d Required information March 04 2022 Accounts Receivable 50.600 Service Revenue 50 600 5 May 20, 2022 Cash O 10,000 Accounts Receivable 10,000 6 July 02, 2022 Allowance for Uncollectible Accounts 5,100 Accounts Receivable 5,100 October 19, 2022 Cash 40,500 Accounts Receivable 40,500 mmmmmm 8 December 31. 202 Bad Debt Expense 18,225 X Allowance for Uncollectible Accounts 2.295 X arch O W TO 9% & 5 8

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