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14 Required information Part 1 of 4 Problem 5-4A Record transactions related to uncollectible accounts (LO5-4, 5-5) (The following information applies to the questions displayed
14 Required information Part 1 of 4 Problem 5-4A Record transactions related to uncollectible accounts (LO5-4, 5-5) (The following information applies to the questions displayed below.) 0.27 points Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Pearl provides services on account of $590,000. Of this amount, $80,000 remains receivable at the end of the year. An aging schedule as of December 31, 2021, is provided below. eBook Amount Receivable $ 40,000 16,000 11,000 13,000 $ 80,000 Age Group Not yet due 0-90 days past due 91180 days past due More than 180 days past due Total Estimated Percent Uncollectible 4% 20% 25% 80% Print References Problem 5-4A Part 1 Required: 1. Calculate the allowance for uncollectible accounts. Age Group Estimated Amount Uncollectible Not yet due 0-90 days past due 91-180 days past due More than 180 days past due Total $ 0
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