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thank you guy Gable Incorporated provides legal services. During 2021. the company provides services of $500,000 on account. Ofthis amount, $70,000 remains uncollected at the

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Gable Incorporated provides legal services. During 2021. the company provides services of $500,000 on account. Ofthis amount, $70,000 remains uncollected at the end of the year. An aging schedule as of December 31, 2021. is provided below. Estimntd Ann-1.1m. Percent. Age Group Receivable uncallectibla Not yet due $40,000 5% 030 days past: due 19,000 10% 3160 days past: due 9,000 20% More than 60 days past due 6,000 40% Total $74,000 Required: 1. Calculate the allowance for uncollectible accounts. 2. Record the December 31, 2021 adjustment, assuming the balance of Allowance for Uncollectible Accounts before adjustment is $500 (debit). 3. On April 3, 2022, a customer's account balance of $500 is written off as uncollectible. Record the write-off. 4. On July 17, 2022. the customer whose account was written off in Requirement? unexpectedly pays $200 of the amount but does not expect to pay any additional amounts. Record the cash collection. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the allowance for uncollectible accounts. Estimated Age Group Amount Uncollectible Not yet due 0-30 days past due 31-60 days past due More than 60 days past due Total 0Required 1 Required 2 Required 3 Required 4 Record the December 31, 2021 adjustment, assuming the balance of Allowance for Uncolle (debit). (If no entry is required for a particular transaction/event, select "No Journal Entry View transaction list Journal entry worksheet Record the adjusting entry for Uncollectible Accounts. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2021Required 1 Required 2 Required 3 Required 4 On April 3, 2022, a customer's account balance of $600 is written off as uncollectible. Record the particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record write off of actual bad debts. Note: Enter debits before credits. Date General Journal Debit Credit April 03, 2022Required 1 Required 2 Required 3 Required 4 On July 17, 2022, the customer whose account was written off in Requirement 3 unexpectedly pa expect to pay any additional amounts. Record the cash collection. (If no entry is required for a pa Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 Record the entry to re-establish account previously written off. Note: Enter debits before credits. Date General Journal Debit Credit July 17. 2022Journal entry worksheet A 2 Record cash received on account. Note: Enter debits before credits. Date General Journal Debit Credit July 17, 2022

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