Moster Travel ended 2019 with Accounts Receivable at $90,000 and an Allowance for Doubtful Accounts at $28,800 During 2020. Moster Travel completed these transactions 1. Service revenue on account, $860,000 (assume no cost of goods sold) 2. Collections on account, $845,000 3. Write-offs of uncollectibles $7,800 4. Bad debt expense, 4 percent of service revenue. Journalize Moster Travel's 2020 transactions, and show updated balance sheet totals Begin by recording service revenue Service revenue on account, 5860,000 (assume no cost of goods sold). (Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Accounts Debit Credit Question Viewer 1 Now, record collections Collections on account. $845.000 Journal Entry nahit rorlit Choose from any list or enter any number in the input fields and then continue to the next question This Question: 1 pt 8 of 16 (2 complete) Moster Travel ended 2019 with Accounts Receivable at $90,000 and an Allowance for Doubtful Accounts at $28,800. During 2020, Ma 1. Service revenue on account, $860,000 (assume no cost of goods sold). 2. Collections on account, $845,000 3. Write-offs of uncollectibles, $7,800. 4. Bad debt expense, 4 percent of service revenue. Joumalize Moster Travel's 2020 transactions, and show updated balance sheet totals. Now, record collections. Collections on account, $845,000 Journal Entry Accounts Debit Credit 2 Next, record receivables actually written off during the year. Write-offs of uncollectibles. $7.800. Journal Entry Choose from any list or enter any number in the input fields and then continue to the next question Type here to search Moster Travel ended 2019 with Accounts Receivable at $90,000 and an Allowance for Doubtful Accounts at $28,800. Durin 1. Service revenue on account, $860,000 (assume no cost of goods sold) 2. Collections on account, $845,000 3. Write-offs of uncollectibles, $7,800 4. Bad debt expense, 4 percent of service revenue. Journalize Moster Travel's 2020 transactions, and show updated balance sheet totals. Journal Entry Accounts Debit Credit 3 Last estimate the uncollectible amount for 2020 sales revenue on account. Bad debt expense. 4 percent of service revenue Journal Entry Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question RE Type here to search 3. Write-offs of uncollectibles, $7,800 4. Bad debt expense, 4 percent of service revenue. Journalize Moster Travel's 2020 transactions, and show updated balance sheet totals. Accounts Debit Credit 4 Show the updated balance sheet totals. Balance sheet Accounts receivable, net Choose from any list or enter any number in the input fields and then continue to the next question Type here to search DI