Problem $5-3$A $($Static$)$ Record transactlons related to accounts recelvable $($LO$5-3,5-4,5-5)$

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

June $12,2024$

September $17,2024$

December $31,2024$

March $4,2025$

May $20,2025$

July $2,2025$

October $19,2025$

December $31,2025$

Provide services to customers on account for $$41,069.$

Receive $$25,000$ from customers on account.

Estimate that $45\%$ of accounts receivable at the end of the year will not be received.

Provide services to customers on account for $$56,690.$

Receive $$10,090$ from customers for services provided in $2024.$

Write off the remaining amounts owed from services provided in $224.$

Receive $$45,090$ from customers for services provided in $2025.$

Estimate that $45\%$ of accounts receivable at the end of the year will not be received.

Required:

Record transactions for each date.

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

Calculate net accounts receivable reported in the balance sheet at the end of $2024$ and $2025.$

Complete this question by entering your answers in the tabs below.

Required $2$

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

$\backslash$table$[[$Cash$,,$Accounts Receivable$],[$Debit$,$Credit,Debit$],[5,,,$D$,],[,,,$E$,[],[$December $31,2024,0,,$December $31,2024,9],[,,,$L$,$II$],[5,,,$Z$,($iif$],[5,,,$E$,],[,,,1,],[$December $31,2025,0,,$December $31,2025,$a$)],[,$co$,,,],[$Debit$,,$Credit,,$],[,,$December $31,2024,,],[,,7,,],[,,,,],[,0,$December $31,2025,,]]$