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The following events occur for The Underwood Corporation during 2024 and 2025, its first two years of operations. June 12, 2024 September 17, 2024 Provide services to customers on account for $41,000. 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 $56,000. December 31, 2024 March 4, 2025 May 20, 2025 July 2, 2025 October 19, 2025 December 31, 2025 Required: 1. Record transactions for each date. 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. 3. 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 1 Required 2 Required 3 Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. Receive $10,000 from customers for services provided in 2024. Write off the remaining amounts owed from services provided in 2024. Receive $45,000 from customers for services provided in 2025. Estimate that 45% of accounts receivable at the end of the year will not be received. September 17, 2024 Debit December 31, 2024 May 20, 2025 October 19, 2025 July 2, 2025 December 31, 2025 Debit Cash 25,000 25,000 10,000 45,000 80,000 Credit Allowance for Uncollectible Accounts Credit 7,200 December 31, 2024 3,750 10,950 December 31, 2025 June 12, 2024 Debit December 31, 2024 March 4, 2025 December 31, 2025 Credit 25,000 September 17, 2024 10,000 May 20, 2025 45,000 October 19, 2025

Required: 1. Aiecond transactions for each dote. Complete thals questioe by eatering your enowers in the tabs below. Aest transactions to the fohowing accounts: Caph, Nceouets Recelvable, and Allowynce for Uncubectible Accesints

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