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Requirements 1 and 2. Start with the beginning balances for thoso T-accounts. Accounts Receivable, $102,000, Allowance for Uncollectible Accounts, $10,000 Post the following 2018 transactions to the accounts a Service revenue of $700,000, all on account b. Collections on account, S719,000 c. Write-offs of uncollectible accounts, $5,000 Uncollectible-account expense (allowance method), 14,000 What are the ending balances of Accounts Receivable and Allowance for Uncoloctibile Accounts? Prepare the T-accounts for accounts receivable and allowance for uncollectible accounts (Abbreviation used Beg bal Beginning balance, End but = Ending balance, Uncollacct exp Uncollectible account expense) Accounts Receivable Allowance for Uncollectible Accounts d. 1. Start with the beginning balances for these T-accounts: Accounts Receivable, $102,000 Allowance for Uncollectible Accounts, $10,000 Post the following 2018 transactions to the T-accounts: a. Service revenue of $700,000, all on account b. Collections on account, $719,000 c. Write-offs of uncollectible accounts, $5,000 d. Uncollectible-account expense (allowance method). $14,000 2. What are the ending balances of Accounts Receivable and Allowance for Uncollectible Accounts? 3. Show how Isaacson and Rubenstein will report accounts receivable on its balance sheet at December 31, 2018 nyn Accounts Receivable Beg bal Collections End bal Service revenue Uncoll acct exp Write-offs

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