The September 30, 2019, records of Up To Date Communications include these accounts: (Click the icon to view the September 30, 2019 account balances.) During the last quarter of 2019, the company completed the following selected transactions: (Click the icon to view the selected transactions.) During the year, Up To Date 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 More Info 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 Black Carpets and the $300 account receivable from Priceless Antiques. Journal Entry Date 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 $230.000 S 140,000 $ 40,000 $ 20,000 $ 30,000 Estimated percent uncollectible 0.2% 2% 15% Accounts Debit Credit Nov 30 35% Print Done Adjusted the Allowance for Uncollectible Accounts and recorded doubtful-account expense at year-end, based on the aging of receivables. More Info Journal Entry Date Accounts Debit Credit Dec 31 Nov 30 Wrote off as uncollectible the $1,400 account receivable from Black Carpets and the $300 account receivable from Priceless Antiques, Adjusted the Allowance for Uncollectible Accounts and recorded uncollectible-account expense at year-end, based on the aging of receivables. Dec 31 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. Print Done Allowance for Uncollectible Accounts At September 30, 2019 Accounts Receivable $ 242,000 (8,500) Allowance for Uncollectible Accounts Choose from any list or enter any number in the input fields and then continue to the next question. Print Done