Question: h hapter 5 - Homework Saved Help Save & Exit Submit Check my work 13 Part 3 of 3 Required Information The following information applies

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h hapter 5 - Homework Saved Help Save & Exit Submit Check

hapter 5 - Homework Saved Help Save & Exit Submit Check my work 13 Part 3 of 3 Required Information The following information applies to the questions displayed below.) The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations June 12, 2021 Provide services to customers on account for $35,000. September 17, 2021 Receive $20,000 from customers on account. December 31, 2021 Estime that 405 of accounts receivable at the end of the year will not be received. March 4, 2022 Provide services to customers on account for $50,000 May 20, 2022 Receive $10,000 fron customers for services provided in 2021. July 2. 2022 Weite of the remaining amounts owed from services provided in 2021. October 19, 2022 Receive $40,000 from customer for services provided in 2022. December 31, 2022 Estimate that 40% of accounts receivable at the end of the year will not be received 2 points Sood Book Print 3. Calculate net accounts receivable at the end of 2021 and 2022 Roterences 2021 2022 Total accounts receivable Not accounts receivable

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