Question: 1. Record transactions for each date 2. Post transactions to the following accounts : Cash, Accounts Recievable, and Allowance for Uncollectible Accounts. 3. Calculate Net

1. Record transactions for each date

2. Post transactions to the following accounts : Cash, Accounts Recievable, and Allowance for Uncollectible Accounts.

3. Calculate Net Accounts recievable reported in the balance sheet at the end of 2024 and 2025. 1. Record transactions for each date 2. Post transactions to the

1. Record transactions for each date 2. Post transactions to the

Problem 5-3A (Algo) Record transactions related to accounts receivable ( LO5-3, 5-4, 5-5) The following events occur for The Benson Corporation during 2024 and 2025 , its first two years of operations. June 12, 2024. Provide services to custoners on account for $38,660. September 17, 2024 Receive $22,500 from customers on account. December 31, 2024 Estimate that 45% of accounts receivable at the end of the year will not be received. March 4, 2025 Provide services to customers on account for $53,00e. May 20, 2025 Receive $10,000 from customers for services provided in 2024. July 2, 2025 Write off the remaining amounts owed from services provided in 2024. October 19, 2025 Receive $42,500 from customers for services provided in 2025. December 31, 2025 Estimate that 45% of accounts receivable at the end of the year 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 net accounts recelvable reported in the balance sheet at the end of 2024 and 2025

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