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16 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
16 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. Part 3 of 4 Age Group Not yet due 0-90 days past due 91-180 days past due More than 180 days past due Total 0.27 points Estimated Percent Uncollectible 4% 20% 25% 80% Amount Receivable $ 40,000 16,000 11,000 13,000 $ 80,000 eBook Problem 5-4A Part 3 Print 3. On July 19, 2022, a customer's account balance of $8,000 is written off as uncollectible. Record the write-off. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) References View transaction list Journal entry worksheet 1 > Record write off of actual bad debts. Note: Enter debits before credits. . Date General Journal Debit Credit July 19, 2022 Record entry Clear entry View general journal
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