Question
[The following information applies to the questions displayed below.] The following events occur for Morris Engineering during 2018 and 2019, its first two years of
[The following information applies to the questions displayed below.] The following events occur for Morris Engineering during 2018 and 2019, its first two years of operations.
February 2, 2018 Provide services to customers on account for $38,000. July 23, 2018 Receive $27,000 from customers on account. December 31, 2018 Estimate that 25% of uncollected accounts will not be received. April 12, 2019 Provide services to customers on account for $51,000. June 28, 2019 Receive $6,000 from customers for services provided in 2018. September 13, 2019 Write off the remaining amounts owed from services provided in 2018. October 5, 2019 Receive $45,000 from customers for services provided in 2019. December 31, 2019 Estimate that 25% of uncollected accounts will not be received.
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Required in You did not receive full credit for this question in a previous attempt 1.67 points 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. Cash Accounts Receivable February 2, 2018 July 23, 2018 27,000 38,000 27,000 July 23, 2018 27.000 December 31, 2018 December 31, 2018 11,000 April 12, 2019 June 28, 2019 6,000 51.000 October 5, 2019 45,000 December 31, 2019 78,000 December 31, 2019 62,000 Allowance for Uncollectible Accounts December 31, 2018 September 13, 2019 5,000 1,500 December 31, 2019 6,500 December 31, 2019
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