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This is part 2 and 3 of the same question, not separate questions Required Information (The following information applies to the questions displayed below.] Part
This is part 2 and 3 of the same question, not separate questions
Required Information (The following information applies to the questions displayed below.] Part 2 of 3 The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations. 166 points Skipped June 12, 2021 Provide services to customers on account for $36,800. September 17, 2021 Receive $21,588 from customers on account. December 31, 2021 Estimate that 45% of accounts receivable at the end of the year will not be received. March 4, 2022 Provide services to customers on account for $51,800. May 20, 2022 Receive $10,880 from customers for services provided in 2021. July 2, 2022 Write off the remaining amounts owed from services provided in 2021. October 19, 2022 Receive $41,500 from customers for services provided in 2022. December 31, 2022 Estimate that 45% of accounts receivable at the end of the year will not be received. eBook 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. Print Cash Accounts Receivable References December 31, 2021 0 December 31, 2021 0 December 31, 2022 December 31, 2022 0 Allowance for Uncollectible Accounts December 31, 2021 0 December 31, 2022 Required Information [The following information applies to the questions displayed below.] Part 3 of 3 The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations. 1.66 points Skipped June 12, 2021 Provide services to customers on account for $36,800. September 17, 2021 Receive $21,589 from customers on account. December 31, 2021 Estimate that 45% of accounts receivable at the end of the year will not be received. March 4, 2022 Provide services to customers on account for $51,800. May 29, 2022 Receive $10,eee from customers for services provided in 2021. July 2, 2022 Write off the remaining amounts owed from services provided in 2021. October 19, 2022 Receive $41,5ee from customers for services provided in 2022. December 31, 2022 Estimate that 45% of accounts receivable at the end of the year will not be received. eBook 3. Calculate net accounts receivable at the end of 2021 and 2022 Print 2021 2022 Total accounts receivable References Net accounts receivableStep by Step Solution
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