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Required information [The following information applies to the questions displayed below) The following events occur for The Underwood Corporation during 2021 and 2022, its first

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Required information [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 $40,400 September 17, 2021 Receive $24,5ee 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 $55,400. 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 $44,5ee 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 2. Post transactions to the following accounts: Cash Accounts Receivable, and Allowance for Uncollectible Accounts ble Accounts September 17, 2021 Cash 24,500 June 12. 2021 Accounts Receivab 40 400 24,500 September 17 December 31, 2021 May 20, 2022 October 19, 2022 24,500 10,000 44,500 December 31, 2021 March 4.2022 15.900 55 400 10.000 May 20.2072 44.500 odober 19,2 Buy 2 2022 December 31, 2022 79,000 December 31, 2022 16,800 Allowance for Uncollectible Accounts 7.155 December 31, 2021 5.900 December 31, 2022 July 2, 2022 1,255 December 31, 2022

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