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ork you have completed so far. It does not indicate completic 2 During 2018, its first year of operations, Pave Construction provides services on account of $156,000. By the end of 2018, cash collections on these accounts total $108,000. Pave estimates that 20% of the uncollected accounts will be bad debts. Required: 1. Record the adjustment for uncollectible accounts on December 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 32:28 No Date December 31, 201 Answer is not complete. General Journal Bad debt expense Allowance for uncollectible accounts Debit Credit 1 134,400 134,000 . 2. Calculate the net accounts receivable, Total accounts receivable Net realizable value Required information The following informations questions displayed below! The following events occur for The Underwood Corporation during 2021 and 2022.ts first two years of operation 12. 2021 provide services to custo 10. September 17, 2011 Receive $24.500 frontos Dec 31, 2021 Tits that counts receive the of the year water March 4, 2022 Provide conter 555.00 May 20. 2012 Maceive 310.00 om for wedd July 2. 2013 Writs of the remaining at we troservice provided in 2001. Det er 19, 2012 Receive 144.100 frem for services in 2013 December 31, 2033 ette that 45 of counts receivable at the end of the year weived Required: 1. Record transactions for each date Of no entry is required for a particular transaction event, select "Ne Journal Entry Required in the first account field) Journal entry worksheet 7 Provide services to customers on account for $40.400 debe 8 September 17, 2021 Receive 134.500 feet. December 31, 2021 that 450w the year will March 4. 2022 Pidevices to come for 15.30 MAY 2012 Seco 510.000 from for redd 2001 July 2022 write of the moved to viewed 12031 Receive 544,500 test for service provided 31 2032 time that 456 of me at the end of the year will be Part 2 po 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for collectible Accounts 9 03 to December 31, 2021 Dober 2003 Prim December 31, 2022 December 31, 2012 Hofer Allowance for Uncollectible Acer Der 31, 2021 Dec. 2002 13 of ts Required information The following information applies to the questions displayed below) The following events occur for The Underwood Corporation during 2021 and 2022, is first two years of operations June 12, 2021 Provide services to customers on account for $10.40 September 17, 2021 Receive 524.500 to use December 31, 2021 Tatimate that 45t of accounts rootvale at the end of the year wit bereit March 4, 2022 Provide services to customers on account for $55.40. May 20, 2022 Receive 310,000 tron customer for servis provided in 2021. July 2. 2022 Writ of the remaining amounts owed ros services wided in 2011. October 2022 Roneve 344,500 from customer for services provided in 2003. Dec. 2022 alte that 45 of accounts receivable at the end of the year will not be roll 022125 00 3. Calculate net accounts receivable at the end of 2021 and 2022. Print 2021 2022 Total accounts receivable Net accounts receivable