Problem 5-3A Part 2

Help Saved DD HW Required information Problem 5-3A Record transactions related to accounts receivable (L05-3,5-4,5-5) (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 $38,000 September 17, 2021 Receive $22,500 from customers on account December 31, 2021 Estimate that 45% of accounts receivable at the end of the year will not be received. March 4, 2022 Provide services to customers on account for $53,000 May 20, 2022 Receive $10,000 from customers for services provided in 2021. July 2, 2022 Write off the remaining amounts owed from services provided in 2021. October 19, 2022 Receive $42,500 from customers for services provided in 2022. December 31, 2022 Estimate that 45% of accounts receivable at the end of the year will not be received. Problem 5-3A Part 2 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts Cash Accounts Receivable Parex 12 13 of 14 Next > Required information 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts Cash Accounts Receivable 38,000 September 17, 2021 22,500 June 12, 2021 December 31, 2021 22.500 December 31, 2021 38,000 March 4, 2022 53,000 May 20, 2022 October 19, 2022 10.000 42.500 10,000 May 20.2022 July 2, 2022 December 31, 2022 81.000 December 31, 2022 Allowance for Uncollectible Accounts December 31, 2021 July 2, 2022 December 31, 2022