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Required information [The following information applies to the questions displayed below.] The following events occur for Redbud Co. during 2021 and 2022 , its first
Required information [The following information applies to the questions displayed below.] The following events occur for Redbud Co. during 2021 and 2022 , its first two years of operations. February 2, 2021 Provide services to customers on account for $29,000. July 23,2021 Receive $19,500 from customers on account. December 31,2021 Estimate that 30s of uncollected accounts will not be received. April 12, 2022 Provide services to customers on account for $42,000. June 28,2022 Receive $6,800 from customers for services provided in September 13, 2022 Write off the remaining amounts owed from services provided October 5, 2022 Receive $37,500 from customers for services provided in December 31,2022 Estimate that 30% of uncollected accounts 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 fleld.) Required information [The following information applies to the questions displayed below.] The following events occur for Redbud Co. during 2021 and 2022 , its first two years of operations. February 2, 2021 Provide services to customers on account for $29,600. July 23,2021 Receive $19,500 from customers on account. December 31, 2021 Estimate that 30 s of uncollected accounts will not be received. April 12, 2022 Provide services to customers on account for $42,080. June 28,2022 Receive $6,000 from customers for services provided in 2021. September 13, 2022 Write off the remaining amounts owed from services provided October 5, 2022 Receive $37,500 from customers for services provided in December 31,2022 Estimate that 30ss of uncollected accounts will not be received. 9. Post transactions to the following accounts: Cash, Accounts Recelvable, and Allowance for Uncollectible Accounts. 3. Calculate net accounts recelvable at the end of 2021 and 2022
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