The following events occur for Wainwright Engineering during 2024 and 2025, its first two years...
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Accounting
The following events occur for Wainwright Engineering during 2024 and 2025, its first two years of operations. February 2, 2024 Provide services to customers on account for $34,400. July 23, 2024 Receive $24,000 from customers on account. December 31, 2024 Estimate that 25% of uncollected accounts will not be received. April 12, 2025 Provide services to customers on account for $47,400. June 28, 2025 Receive $6,000 from customers for services provided in 2024. September 13, 2025 Write off the remaining amounts owed from services provided in 2024. October 5, 2025 Receive $42,000 from customers for services provided in 2025. December 31, 2025 Estimate that 25% of uncollected accounts will not be received. Required: 1. Record transactions for each date. 2
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