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The accounts receivable balance for Renue Spa at December 31, Year 1, was $88,000. Also on that date, the balance in the Allowance for Doubtful Accounts was $2.900. During Year 2. $2,500 of accounts receivable were written off as uncollectible. In addition, Renue unexpectedly collected $180 of receivables that had been written off in a previous accounting period. Services provided on account during Year 2 were $215,000, and cash collections from receivables were $216,972. Uncollectible accounts expense was estimated to be 1 percent of the sales on account for the period. Required: a. Record the transactions in general Journal form and post to T-accounts. b. Based on the preceding information, compute (after year-end adjustment): (1) Balance of allowance for doubtful accounts at December 31. Year 2 (2) Balance of accounts receivable at December 31, Year 2. (3) Net realizable value of accounts receivable at December 31, Year 2 c. What amount of uncollectible accounts expense wil Renue report for Year 2? Answer is not complete Complete this question by entering your answers in the tabs below. Required A General Required AT Accounts Required Required Record the transactions in general Journal form. (tr no entry is required for a transaction/event, select "No journal entry Journal Complete this question by entering your answers in the tabs below. Required A Required AT General Accounts Required B Required Journal Record the transactions in post to T-accounts, Cash Service Revenue Beg Bal Beg Bal End. Bal End. Bal Accounts Receivable Uncollectible Accounts Expense Beg Bal Beg Bal End. Bal End, Bal Allowance for Doubtful Accounts Beg Bal End. Bal Required A Required AT General Required Journal Accounts Required C Based on the preceding information, compute (after year-end adjustment): (1) Balance of allowance for doubtful accounts at December 31, Year 2. (2) Balance of accounts receivable at December 31, Year 2. (3) Net realizable value of accounts receivable at December 31, Year 2. Show less (1) Allowance for doubtful accounts (2) Accounts receivable (3) Net realizable value

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