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solve 2 please During 2018, its first year of operations, Pave Construction provides services on account of $120,000. By the end of 2018, cash collections
solve 2 please During 2018, its first year of operations, Pave Construction provides services on account of $120,000. By the end of 2018, cash collections on these accounts total $90,000. Pave estimates that 20% of the uncollected accounts will be bad debts. Required: 1. Record the adjustment for uncollectible accounts on December 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Answer is complete and correct. No Date General Journal Debit Credit 6,000 December 31, 201 Bad debt expense Allowance for uncollectible accounts 6.000 2. Calculate the net accounts receivable Answer is not complete. 34000 Total accounts receivable Less Allowance for uncollectible accounts Ne realizable value
solve 2 please
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