Problem $5-3$A $($Algo$)$ Record transactions related to accounts receivable $($LO$5-3,5-4,5-5)$

The following events occur for The Spanaccio Corporation during $2024$ and $2025,$ its first two years of operations.

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June $12,2024$Provide services to customers on account for $$39,200.$September $17,2024$Receive $$23,500$ 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 $$54,200.$May $20,2025$Receive $$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 $$43,500$ 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 receivable reported in the balance sheet at the end of $2024$ and $2025.$