The October 1, 2020, records of Fredrek Communications include these accounts: Accounts Receivable $ 265,000 Allowance for Uncollectible Accounts (8,200) At year and the company ages its receivables and adjusts the balance in Allowance quarter of 2020, the company completed the following selected transactions (Click the icon to view the transactions.) Transactions Requirements 1 2020 Nov. 30 Wrote off as uncollectible the $1,700 account receivable from Red Carpets and the $100 account receivable from Priceless Antiques Dec. 31 One of its customers, Cindy Ltd, agreed to sign a 60-day note receivable to replace the $1,900 accounts receivable due on that day Dec. 31 Adjusted the Allowance for Uncollectible Accounts and recorded Bad Debt Expense at year-end, based on the aging of receivables, which follows Record the transactions in the journal Explanations are not required. Prepare a T account for Accounts Receivable and the Allowance for Uncollectible Accounts and post to those accounts Show how Fredrok would report its accounts receivable on a comparative balance sheet for 2019 and 2020 At December 31, 2019, the company's Account Recovable balance was $212,000 and the Allowance for nicolectible Accounts stood at $4.700 3 Age of Accounts 0-30 31-60 61 - 90 Over 90 Print Done Total Balance Days Days Days Days $265.000 $ 145,000 $ 44000 $ 21.000 $ 55.000 Account Debit 0.2% Estimated uncollectible 0.5% 50% 30% o enter any number in the input fields and then continue Print Done The October 1, 2020, records of Fredrek Communications include these accounts: Accounts Receivable $ 265,000 Allowance for Uncollectible Accounts (8,200) At year and the company ages its receivables and adjusts the balance in Allowance quarter of 2020, the company completed the following selected transactions (Click the icon to view the transactions.) Transactions Requirements 1 2020 Nov. 30 Wrote off as uncollectible the $1,700 account receivable from Red Carpets and the $100 account receivable from Priceless Antiques Dec. 31 One of its customers, Cindy Ltd, agreed to sign a 60-day note receivable to replace the $1,900 accounts receivable due on that day Dec. 31 Adjusted the Allowance for Uncollectible Accounts and recorded Bad Debt Expense at year-end, based on the aging of receivables, which follows Record the transactions in the journal Explanations are not required. Prepare a T account for Accounts Receivable and the Allowance for Uncollectible Accounts and post to those accounts Show how Fredrok would report its accounts receivable on a comparative balance sheet for 2019 and 2020 At December 31, 2019, the company's Account Recovable balance was $212,000 and the Allowance for nicolectible Accounts stood at $4.700 3 Age of Accounts 0-30 31-60 61 - 90 Over 90 Print Done Total Balance Days Days Days Days $265.000 $ 145,000 $ 44000 $ 21.000 $ 55.000 Account Debit 0.2% Estimated uncollectible 0.5% 50% 30% o enter any number in the input fields and then continue Print Done