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The following events occur for The Turner Corporation during 2 0 2 4 and 2 0 2 5 , its first two years of operations.
The following events occur for The Turner Corporation during and its first two years of operations.
June Provide services to customers on account for $
September Receive $ from customers on account.
December Estimate that of accounts receivable at the end of the year will not be received.
March Provide services to customers on account for $
May Receive $ from customers for services provided in
July quad Write off the remaining amounts owed from services provided in
October Receive $ from customers for services provided in
December Estimate that of accounts receivable at the end of the year will not be received.
Required:
Record transactions for each date.
Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts.
Calculate net accounts receivable reported in the balance sheet at the end of and
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Record transactions for each date. If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field.
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