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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
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 $30,000. September 11, 2021 Receive $22.500 from customers on account. December 31, 2021 Estimate that is of accounts receivable at the end of the year will not be recessed. March 2022 Provide services to customers on account for $55,00 May 20, 2022 Receive $10.000 from customers for services provided in 2021. July 2. 2022 write of the remaining anonte oved from services provided : 2021. October 17, 2022 Receive $2,500 ron customers for services provided in 2022. December 31, 2022 Estimate that 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 Cash Accounts Receivable December 31, 2021 December 31, 2021 December 31, 2022 December 31, 2022 Allowance for Uncollectible Accounts December 31, 2021 December 31, 2022
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