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Business, 01.04.2021 16:10 panda6775

Events Affecting Year 1 Provided $28,580 of cleaning services on account. Collected $22,864 cash from accounts receivable. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account. Events Affecting Year 2 Wrote off a $214 account receivable that was determined to be uncollectible. Provided $33,353 of cleaning services on account. Collected $29,517 cash from accounts receivable. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account.

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