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The following Information applies to the questlons displayed below.] The following events occur for Morris Engineering during 2018 and 2019, its first two years of
The following Information applies to the questlons 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 $27800. July 23, 2018 Recelve $18,500 from customers on account. December 31, 2018 Estimate that 20% of uncollected accounts will not be received. April 12, 2019 Provide services to customers on account for $40,800. June 28, 2019 Recelve $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 Recelve $36,500 from customers for services provided In 2019. December 31, 2019 Estimate that 20% of uncollected accounts will not be received
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