From the following adjusted ledger balances of BIRBY SERVICE CENTER, prepare a report-form statement of financial position that ended on December 31, 2021. The Statement of Financial Position should be supported with notes. Accounts Payable 80,850  Accounts Receivable 160,910  Accumulated Depreciation – Repair and Office Equipment 140,900  Accumulated Depreciation – Furniture  and Fixtures 62,380  Advances to Employees 20,000  Allowance for Doubtful Accounts 15,730  Cash 220,960  Depreciation Expense 41,500  Doubtful Accounts Expense 23,170  Furniture and Fixtures 210,000  Insurance Expense 17,870  Interest Expense 48,320  Interest Income 44,260  Mortgage Payable  365,000  Notes Payable 65,000  Notes Payable - due 2024 100,000  Notes Receivable 134,200  Prepaid Insurance  15,000  Prepaid Interest 10,600  Rent Expense 55,700 Repair and Office Equipment 565,000  Repair and Office Supplies  12,900  Repair and Office Supplies Expense 36,390  Repairs and Maintenance Expense 20,880  Salaries Expense 196,060 Service Income 725,700 Unearned Service Income 19,700 Utilities Expense 187,900  Wilmer Robles, Capital 400,000  Wilmer Robles, Drawing 60,000  Withholding Tax Payable 17,840

use the following adjusted. trial balance to prepare the classified balance sheet for Nu2U for June 30, 2021.  Nu2U, Inc. Adjusted Trial Balance At June 30, 2021  (in thousands)     Accounts title  Debit  Credit Cash $ 102   Accounts receivable 40   Supplies 23   Prepaid insurance 15   land  288   buildings and equipment  450   Accumulated depreciation   63 trademark  65   account payable   35 accrued liabilities    15 unearned revenue   66 long-term-mortgage note payable   125 common stock    350 retained earnings, 07/01/20   324 dividends         45    commission revenue    475 wages expenses  160   supplies expenses  27   depreciation expenses  97   general and administrative expenses 102   interest expense 32   income tax expense 7   totals $1,453 $1,453

Spring Garden Flowers had the following balances at December 31, 2024, before the year-end adjustments: E (Click the icon to view the balances.) The aging of accounts receivable yields the following data: E (Click the icon to view the accounts receivable aging schedule.) Requirements Journalize Spring's entry to record bad debts expense for 2024 using the aging-of-receivables method. 1. 2. Prepare a T-account to compute the ending balance of Allowance for Bad Debts. Requirement 1. Journalize Spring's entry to record bad debts expense for 2024 using the aging-of-receivables method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts Debit Credit Dec. 31 Data Table Accounts Receivable Allowance for Bad Debts 66,000 1,615 Requirement 2. Prepare a T-account to compute the ending balance of Allowance for Bad Debts. Allowance for Bad Debts Print Done Data Table Age of Accounts Receivable 0-60 Days Over 60 Days Total…

During July 2022, Midtown Catering recorded the following: - Catering services of $86,400 were provided ($64,500 on account, $21,900 for cash) - Collections on account, $58,950 - Write-offs of uncollectible receivables, $2,560 - Recovery of receivable previously written off, $1,000 Journalize Midtown's transactions during July, assuming Midtown uses the allowance method. Omit explanations. Prepare the journal entry for the write off of the accounts receivable.