Tequirements More info Nov 30 Wrote off as uncollectible the $1,700 account receivable from Cheap Carpets and the $800 account receivable from Show-N-Tell Antiques. N. Dec 31 Adjusted the Allowance for Uncollectible Accounts and recorded uncollectible-account expense at year-end, based on the aging of receivables. - 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. 3. Show how First Report 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 $211,000, and the Allowance for Uncollectible Accounts stood at $4,200. (Be sure to use the December 31, 2019 aging schedule given in the problem data.) Print Done Print Done - - X Data table ore i orded doubtful-ad y At September 30, 2019: Accounts Receivable Allowance for Uncollectible Accounts $ 250.000 (8,300) 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 61-90 Days Over 90 Days $236,000 $ 141,000 $ 45,000 $ 10,000 $ 40,000 Estimated percent uncollectible 0.2% 2% 15% 35% Print Done Collectible Accoul Print Done The Ecptember 30, 2019, records of First Report Communications include these accounts: During the year, First Resort Commissions estimates Uneclectic-scount forse at 18 ct credt sels. At year cnc (Desember 31, the company ages Wole ITALCATENA tha $1,700 Ascunt recible from Cheap Capa And the $200 Ascan receivable from Shan-N-TAI Antica Journal Entry Accounts Date Debit Credit Now sol Adjusted the Allowance for Uncollectible Accounts and recorded doubtfuhsxvunt exporce atyrondbewed on the aging of receivables Journal Entry Date Accounts Debil Credit Dec 21 Requirement 2. PAPARAT-account for AVANSA LIncalectible Accounts with the appropriate hagining halnice. Posters from Requirement that account Open the Transcount hy pacting the reginning hakce. Then post the entries to the Almance for Uncalible Account T-Roxant and calcular ending balance Alowance for Urcalcible Account Requirement 3. Show how First Report Communications wil repart is accounts reccable scomparative balance sheet for 2013 and 2019. Use the three-line recording formatAt December 31, 2018, the company's Ascaunts Receivabic balance was $24,00C, and the Allowance for Uncollectible Ascounts sted at 31,200. (Be sure to use the Aucurbs Receivable belance at December 31, 2019 given in the problem cata) First Report Communications Comparative Balance Sheet (partial) December 31, 2019 and 2018 2018 2018 Less