Question: (right click + open in new tab for higher resolution) 10.00 points During 2018 its first year of operations, Pave Construction provides services on account
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10.00 points During 2018 its first year of operations, Pave Construction provides services on account of $122,0 By the end of 2018, cash collections on these accounts total $91,000. Pave estimates that 25% of the uncollected accounts will be bad debts. Required: 1. Record the adjustment for uncollectible accounts on December 31, 201 f no entry is required for a transaction/event, select "No journal entry required" in the first account field view transaction list view general journal Journal Entry Worksheet Record the adjustment entry for Uncollectible Accounts. Date General Journal Debit Credit December 31, 2018 Enter debits before credits done clear entry record entry 2. Calculate the net realizable value of accounts receivable. Total accounts receivable Net realizable value
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