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The following events occur for The Turner Corporation during 2024 and 2025, its first two years of operations. June 12, 2024 Provide services to customers

The following events occur for The Turner Corporation during 2024 and 2025, its first two years of operations. June 12, 2024 Provide services to customers on account for $35,000. Receive $20,000 from customers on account. Estimate that 40% of accounts receivable at the end of the year will not be received. Provide services to customers on account for $50,000. September 17, 2024 December 31, 2024 March 4, 2025 May 20, 2025 July 2, 2025 October 19, 2025 December 31, 2025 Required: 1. Record transactions for each date. 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. 3. Calculate net accounts receivable reported in the balance sheet at the end of 2024 and 2025. Complete this question by entering your answers in the tabs below. Receive $10,000 from customers for services provided in 2024. Write off the remaining amounts owed from services provided in 2024. Receive $40,000 from customers for services provided in 2025. Estimate that 40% of accounts receivable at the end of the year will not be received.
Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts.
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The following events occur for The Turner Corporation during 2024 and 2025 , its first two years of operations. June 12, 2024 Provide services to customers on account for $35,000. September 17,2024 Receive $20,000 from customers on account. December 31,2024 Estimate that 400 of accounts receivable at the end of the year will not be received. March 4, 2025 Provide services to customers on account for $50, 200 . May 20,2025 Receive 510,000 from custoesers for services provided in 2024. July 2,2025 Write off the remaining anounts owed fron services provided in 2024. October 19, 2025 Receive $40,000 from customers for services provided in 2025. Decesber 32,2025 Estinate that 404 of accounts receivable at the end of the year witl not be received. Required: 1. Record transactions for each date. 2. Post transactions to the following accounts: Cash. Accounts Receivable, and Allowance for Uncollectible Accounts: 3. Caiculate net accounts recelvable reported in the balance sheet at the end of 2024 and 2025 . Answer is not complete. Complete this question by entering your answers in the tabs below. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts

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