September 30, 2019 records of First Data Communications include these accounts Click the icon to view the September 30, 2019 account balances) During the year, First Data Communications estimates Uncollectible account expense at 1% of credit sal (December 31), the company ages its receivables and adjusts the balance in the Allowance for Uncolled A More Info Data Table Nov 30 At September 30, 2019 Accounts Receivable Allowance for Uncollectible Accounts Wrote off as uncollectible the $1.500 account receivable from Blue Carpets and the 5800 account receivable from Priceless Antiques Adjusted the Allowance for Uncollectible Accounts and recorded uncollectible-account expense at year and based on the aging of receivables Dec 31 Print X Prin Done Requirements usted the Allowance for Uncollectible Accounts and Journal 1. Record the transactions for the last quarter of 2019 in the journal Explanations are not required 2. Prepare a T-account for Allowance for Uncollecble Accounts with the appropriate beginning balance Post the entries from equirement to that account 3. Show how First Data Communications will report its accounts receivable in a comparative balance sheet for 2018 and 2019. Use the three ne reporting format) At December 31, 2018 the company's Accounts Receivable balance was $213.000, and the Allowance for Uncollectible Accounts stood at $4.700 Be sure to use the December 31, 2019 aging schedule given in the problem data) ose from any list or enter any number in the in Print Done The September 2019. records of Data Communications include the accounts I the con lo view the September 30, 2019 account balances) During the last of 2019, the company completed the following seed actions the icon to view the selected transactions) During the year First Data Communicationsmates Uncollectible account expense of credit sales. At year-end December 31), the company age is receivables and adjusts the balance in the Allowance for Uncollectible Accounts to correspond to the following aging schedule Click the icon to view the Accounts Receivable balance and aging schedule to be used at December 31, 2019) Read the rec ents Requirement. Record the transactions for the We off as uncle the 1500 corec 2019 in the mal Explanations o m Blue Carpets and the $800 country Record the credits Exclude from any juma ) to A tdhe Awance for Unce Accounts and record The September 30, 2011. ods of a Comm o ns include the accounts During the year First Data Comunicationsmates colle c t expense of credit sales. At year December the company a r ea s and the balance in the lowance for collectible Accou Comespond to the following aging schedule During the last 2019. the company the following sele c tions A t henis view the Aco Rece balance and schedule to be used December 31, 2019 Click the loan to view the seederma ) Read the remonts Requirement. Prepare a T-account for lowance for Uncollectie Account with the appropriate beginning balance Post the entries from Requirement to that account Open the court by posting the beginning balance. The post them to the Allowance for Unc e Accounts account and call the ending balance Annect Aer o ns Nement show how Data Comm balance was 213000 and the Allowance That Datan report Account cavable in a comparable that for 2018 and 2018 Use the three the r ecebeba 2019 printama) A December in the 2013 the company's Accounts Receivable e - - Requirement 2. Prepare a T-account for Allowance for Uncollectible Accounts with the appropriate beginning balance Post the entries from Requirement to that account Open the account by posting the beginning balance. The post the entries to the Allowance for Uncollectible Accounts account and calculate the ending balance Requirement Show how Data Communications will reports accounts receive in a comparative balance sheet for 2018 and 2019. Use the three the reporting At December 11, 2018 the company's Acce balance was $213.000, and the lowance for Accoun t 54.700 eurothe able balance December 2013 gen in the problem data) First Date Communications Comparative lance Sheet(partial December 312015 2018 2019 Choose from any list or enter any amber in the put hics and then continue to the next question During the year, First Data communicaun ESTALE UTILVICU (December 31), the company ages its receivables and adjusts the correspond to the following aging schedule. DLL OL Requirements 1. Record the transactions for the last quarter of 2019 in the journal. Explanations are not required. 2. Prepare a T-account for Allowance for Uncollectible Accounts with the appropriate beginning balance. Post the entries from requirement 1 to that account Show how First Data Communications will report its accounts receivable in a comparative balance sheet for 2018 and 2019. (Use the three-line reporting format.) At December 31, 2018, the company's Accounts Receivable balance was $213,000, and the Allowance for Uncollectible Accounts stood at $4,700. (Be sure to use the December 31, 2019 aging schedule given in the problem data.) Print Done More Info Accounts Receivable and aging schedule to be used at December 31, 2019 Age of Accounts Accounts Receivable 1-30 Days 31-60 Days 61-90 Days Over 90 Days $231,000 |$ 140,000 $ 53,000 $ 11,000 $ 27,000 Estimated percent uncollectible 0.2% 15% 35% Print Done