The September 30, 2019, records of Perfecto Communications include these accounts: Click the icon to view the September 30, 2019 account balancos.) During the last quarter of 2019, the company completed the following selected transactions: Click the icon to view the selected transactions.) During the year, Perfecto 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.) Read the requirements Requirement 1. Record the transactions for the last quarter of 2019 in the joumal. 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 $300 account receivable from Rare Antiques Journal Entry Accounts Debit Credit 30 Allowance for Uncollectible Accounts Accounts Receivable Rare Antiques Date Nov 1400 1400 5+2 le ac Adjusted the Allowance for Uncollectible Accounts and recorded doubtful-account expense at year-end, based on the aging bot receivables. Journal Entry Accounts Credit Date Debit Doc 31 a 1- Requirement 2. Prepare a T-account for Allowance for Unicollectible Accounts with the appropriate beginning balance. Post the entries from Requirement 1 to Open the T-account by posting the beginning balance. Then post the entries to the Allowance for Uncollectible Accounts T-account and calculate the ending that account balance. Allowance for Uncollectible Accounts Choose from any list or enter any number in the input fields and then continue to the next question ? RTIAL) munication * Data Table ht age 9 account ! pleted the fo At September 30, 2019: ns.) $ Accounts Receivable Allowance for Uncollectible Accounts 243,000 (8,500) last quarter o ceivable from Print Done i More Info un Accounts Receivable and aging schedule to be used at December 31, 2019 Age of Accounts Accounts Receivable 1-30 Days 31-60 Days 61-90 Days Over 90 Days $231,000 $ 145,000 $ 45,000 $ 11,000 $ 30,000 Estimated percent uncollectible 0.2% 2% 15% 35% Jo unt Print Done Requirement 2. Prepare a T-account for Allowance for Uncollectible Accounts with the appropriate beginning balance. Post the entries from Requirement 1 to that account Open the T-account by posting the beginning balance. Then post the entries to the Allowance for Uncollectible Accounts T-account and calculate the ending balance Allowance for Uncollectible Accounts Requirement 3. Show how Perfecto 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 $4,800. (Be sure to use the Accounts Receivable balance at December 31, 2019 given in the problem data) Perfecto Communications Comparative Balance Sheet (partial) December 31, 2019 and 2018 2018 2019 Less: Choose from any list or enter any number in the input fields and then continue to the next question. 2 RTIAL Read the requirements. ent 2 nt. rem: i More Info T-acc he en Alloy Nov 30 Wrote off as uncollectible the $1,400 account receivable from Blue Carpets and the $300 account receivable from Rare Antiques. Adjusted the Allowance for Uncollectible Accounts and recorded uncollectible-account expense at year-end, based on the aging of receivables. Dec 31 Print Done ment 3 forma Be sur he thre Is stood Perfecto Communications Comparative Balance Sheet (partial) December 31, 2019 and 2018 2019 2018 tien