Stevens Repair Company, a repair service company, has the following chart of accounts in alphabetical order for the end of its first years operations May 31, 2024 :Accounts Payable12, 150 Fees Earned 324, 600Accounts Receivable38, 400Land112,500 Accumulated Dep. - Building87, 550Miscellaneous Exp6, 075Accumulated Dep. - Equipment97, 950Prepaid Insurance7, 200Advertising Exp22, 800Repairs Exp17, 250 Building150, 250Retained Earnings146,000Cash7, 500Salaries Exp193, 370Common Stock75,000Supplies 1, 980 Dividends15,000 Unearned Rent6, 750Equipment135, 300 Utilities Expense42, 375 Prepare an Unadjusted Trial Balance for Stevens Repair Company for May 31, 2024.

On January 1, 2021, the general ledger of Big Blast Fireworks includes the following account balances:Accounts                                                Debit                  CreditCash                                                     $ 21,900Accounts Receivable                               36,500Allowance for Uncollectible Accounts                              $ 3,100Inventory                                                30,000Land                                                       61,600Accounts Payable                                                              32,400Notes Payable (8%, due in 3 years)                                   30,000Common Stock                                                                 56,000Retained Earnings                                                             28,500Totals                                                  $150,000             $150,000The $30,000 beginning balance of inventory consists of 300 units, each costing…

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.

On Dec. 31, 2021, Boss Company had a credit balance of $50,000 in its records pertaining to allowance for uncollectible accounts. Analysis of its accounts receivable on the same date revealed the following: Age                           Amount                     ％ collectible 0-30 days                   $5,000,000                            95 31-60 days                 600,000                                  85 61-90 days                 450,000                                  70 Over 90 days              100,000                                  50 Total                          $6,150,000 The company has written off $20, 000 of accounts receivable during 2021. How much is the allowance for uncollectible accounts to be reported on Dec. 31, 2021?