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correspond to the following aging schedule. ICE che Requirements 1. Record the transactions for the...

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Accounting

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correspond to the following aging schedule. ICE che Requirements 1. Record the transactions for the last quarter of 2019 in the journal. Explanations are not required. 2. Prepare a T-account for Allowance for Uncollectible Accounts with the appropriate beginning balance. Post the entries from requirement 1 to that account 3. Show how First Data Communications will report its accounts receivable in a comparative balance sheet for 2018 and 2019. (Use the three-line reporting format.) At December 31, 2018, the company's Accounts Receivable balance was $213,000, and the Allowance for Uncollectible Accounts stood at $4,700. (Be sure to use the December 31, 2019 aging schedule given in the problem data.) end Print Done DUIVI amuaging scree to De used attece Age of Accounts 1 More Info More Accounts Receivable and aging schedule to be used at December 31, 2019 Age of Accounts Accounts Receivable 1-30 Days 31-60 Days 61-90 Days Over 90 Days $231,000 $ 140,000 $ 53,000 $ 11,000 $ 27,000 Estimated percent uncollectible 0.2% 15% 35% 2% Print Done

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