The September 30, 2019, records of First Data Communications include these accounts: E: (Click the icon to view the September 30, 2019 account balances.) During the year, First Data Communications estimates Uncollectible-account expense at 1% of credit sales. At year-end (December 31), the company ages its receivables and adjusts the balance in the Allowance for Uncollectible Accounts to correspond to the following aging schedule. (Click the icon to view the Accounts Receivable balance and aging schedule to be used at December 31, 2019.) During the last quarter of 2019, the company completed the following selected transactions: (Click the icon to view the selected transactions.) Read the requirements. Requirement 1. Record the transactions for the last quarter of 2019 in the journal. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Wrote off as uncollectible the $1,400 account receivable from Blue Carpets and the $800 account receivable from Old Timer Antiques. Journal Entry Requirements Date Accounts Debit Credit Nov 30 1. Record the transactions for the last quarter of 2019 in the journal. Explanations are not required. 2. Prepare a T-account for Allowance for Uncollectible Accounts with the appropriate beginning balance. Post the entries from requirement 1 to that account. 3. Show how First Data Communications will report its accounts receivable in a comparative balance sheet for 2018 and 2019. (Use the three-line reporting format.) At December 31, 2018, the company's Accounts Receivable balance was $213,000, and the Allowance for Uncollectible Accounts stood at $4.400. (Be sure to use the i X Data Table - Print Done At September 30, 2019 Accounts Receivable 250,000 (8,400) Allowance for Uncollectible Accounts Ver. Print Done Clear All Check