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Start with the beginning balances for these T-accounts: Accounts Receivable, $95,000, Allowance for Uncollectible Accounts, $7,000. Post the following 2016 transactions to the T-accounts: a.

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Start with the beginning balances for these T-accounts: Accounts Receivable, $95,000, Allowance for Uncollectible Accounts, $7,000. Post the following 2016 transactions to the T-accounts: a. Service revenue of $700,000, all on account b. Collections on account, $724,000 c. Write-offs of uncollectible accounts, $8,000 d. Uncollectible-account expense (allowance method), $13,000. What are the ending balances of Accounts Receivable and Allowance for Uncollectible Accounts? Prepare the T-accounts for accounts receivable and allowance for uncollectible accounts

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