The following events occur for Wortham Landscape Design during 2015
The following events occur for Wortham Landscape Design during 2015 and 2016, its first two years of operations.
February 2, 2015 Provide services to customers on account for $26,000.
July 23, 2015 Receive $20,000 from customers on account.
December 31, 2015 Estimate that 10% of uncollected accounts will not be received.
April 12, 2016 Provide services to customers on account for $40,000.
June 28, 2016 Receive $5,000 from customers for services provided in 2015.
September 13, 2016 Write off the remaining amounts owed from services provided in 2015.
October 5, 2016 Receive $35,000 from customers for services provided in 2016.
December 31, 2016 Estimate that 10% of uncollected accounts will not be received.

Required:
1. Record transactions for each date.
2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts.
3. Calculate the net realizable value of accounts receivable at the end of 2015 and 2016.

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