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The September 30,2022 , records of First Data Comnianications inciude these During the year, First Data Communications ostimates accounts: Uncollectible-acoount expense at 1% of credt

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The September 30,2022 , records of First Data Comnianications inciude these During the year, First Data Communications ostimates accounts: Uncollectible-acoount expense at 1% of credt sains. At year-end (December 31), the company agns its receivables (Click the icon to view the September 30 . and adjusts the balance in the Aliowance for Uncolectole 2022 acoount bolancese) Accounts to correspond to the following aging schedule. During the last quarter of 2022, the company completed the following selected transactions: d. (Click the ione to view the selected IEB (Click the icon to view the Accounts Receivable balance and aging achedule to be used at Dectmber 31 , 2022, trantactions.) Read the requirements. Requirement 1. Record the transactions for the last quarter of 2022 in the joumal. Explanations are not required. (Record debeys first, then credits. Exclude explanations from any journal entries.) Wrote off as uncollectble the $1,200 account receivable from Shade Capets and the $200 account receivable from Priceless Antiques. Data table Data table Ammints Receivable and aaina schedule to be used at December 31, 2022 More info estimates Uncolectele-account nxpense at 1% of crest sales. At year-tind (Decomber 31), the company ages its receivables and adjusts the Requirements 1. Record the transactions for the last quarter of 2022 in the journal. Explanations are not required. 2. Propare 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 2021 and 2022 . (Use the three-line reporting format.) At December 31, 2021, the company's Accounts Receivable balance was \$214,000, and the Allowance for Uncollectble Accounts stood at $4,700 credit balance. (Be sure to use the December 31,2022 aging tchedule given in the problem data.) Question 5 the following selected transactions: 1. (Click the ioon to view the belected transacilons ) ff (Click the icon fo vew the Accounte Renceivable bolance and aging scheriulet io be used at Decermber 31, 2022,) Read the facicicemenils. (Record debits first, then credits. Exclude explanations from any journal entries.) Wrote off as uncollectible the $1,200 acoount receivable from Shade Carpets and the $200 account recelvable from Pricriess Artiques. Adjusted the Allowance for Uncollectible Accounts and recorded doubtful-acoount expense at year-end, based on the aging of recaivables. Question list Question 1 Question 2 Question 3 Question 4 Adjusted the Allowance for Uncolloctible Accounts and recorded doubtul-account expense at year-end, based on the aging of receivables. Question 5 Requirement 2. Propare a T-accourt for Allowance for Uncollectiole Accounts with the approprate beginning balance: Post the entries from Roquirement 1 to that account. Calculator Time Remaining: 03:52:53 Requirement 2. Prepare a T-account,for Alowance for Uncollectible Accounts with the appropriate begirining balance. Post the entries from Requirement 1 to that account. Open the Taccount by posting the begining balance. Then post the entries to the Allowance for Uncolloctible Accounts T-account and calculate the ending balance. Requirement 3. Show how First Data Communications will roport its accounts receivable in a comparative balance sheet for 2021 and 2022. (Use the three-line reporting format.) At December 31, 2021, the company's Accounts Requirement 3. Show how First Data Communications will report its accounts receivable in a comparative baiance sheet for 2021 and 2022. (Use the three-line reporting format.) At December 31, 2021, the company's Accounts Receivable balance was $214,000, and the Allowance for Uncollectible Accounts stood at $4,700 credit balance. (Be sure to use the Accounts Recoivable balance at December 31,2022 given in the problem data

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