Question: Does anybody know how to do this one? [The following information applies to the questions displayed below.) The following events occur for The Underwood Corporation




[The following information applies to the questions displayed below.) The following events occur for The Underwood Corporation during 2018 and 2019, its first two years of operations. June 12, 2018 Provide services to customers on account for $40.400. September 17, 2018 Receive $24,500 from customers on account. December 31, 2018 Estimate that 45% of accounts receivable at the end of the year will not be received. March 4, 2019 Provide services to customers on account for $55,400 May 20, 2019 Receive $10,000 from customers for services provided in 2018. July 2. 2019 Write off the remaining amounts owed from services provided in 2018. October 19, 2019 Receive $44,500 from customers for services provided in 2019. December 31, 2019 Estimate that 45% of accounts receivable at the end of the year will not be received Required: 1. Record transactions for each date. (If no entry is required for a transaction/event, select "No journal e View transaction list Journal entry worksheet 2 3 4 5 6 7 8 Provide services to customers on account for $40,400. Note: Enter debits before credits. General Journal Debit Credit Date June 12, 2018 Journal entry worksheet 1 2 3 4 5 6 7 8 Receive $24,500 from customers on account. Note: Enter debits before credits. General Journal Debit Credit Date September 17, 2018 Record entry Clear entry View general joumal View allsu LUI NISL Journal entry worksheet
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