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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: fune 12,2021 provide servicen to custoners on account for $29,500. Septenber 17, 2021 Receive $15,500 tron customere on account. Deceobet 31, 2021 Estinate that 45t of accounti receivabie at the end of the year wi11 not be received, March 4, 2022 provide services to eustomers on account for $44,600. May 20,2022 Receive $10,000 from cuntomers for serviees provided in 2021. fuly 2,2022 . Write oft the remaining anounte oved from lervices provided in 2021. ootober 19,2022 neceive $35,500 fron customore for eervicen provided in 2022. December 31, 2022 kntimate that 45s of aceounts receivable at the end of the year will not be received. 3. Caiculate net accounts receivable at the end of 2021 and 2022. 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: fune 12,2021 provide servicen to custoners on account for $29,500. Septenber 17, 2021 Receive $15,500 tron customere on account. Deceobet 31, 2021 Estinate that 45t of accounti receivabie at the end of the year wi11 not be received, March 4, 2022 provide services to eustomers on account for $44,600. May 20,2022 Receive $10,000 from cuntomers for serviees provided in 2021. fuly 2,2022 . Write oft the remaining anounte oved from lervices provided in 2021. ootober 19,2022 neceive $35,500 fron customore for eervicen provided in 2022. December 31, 2022 kntimate that 45s of aceounts receivable at the end of the year will not be received. 3. Caiculate net accounts receivable at the end of 2021 and 2022

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