1a. estimate the amount of uncollectible receivables

1b. Record the adjusting entry for uncollectible accounts on December 31, 2021

1c. calculate net accounts receivable

Mercy Hospital has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $55,000; Allowance for Uncollectible Accounts = $1,500 (credit). Mercy estimates uncollectible accounts based on an aging of accounts receivable as shown below. Age Group Not yet due 0-30 days past due 31-90 days past due More than 90 days past due Total Amount Receivable $35,000 9,500 6,500 4,000 $ 55,000 Estimated Percent Uncollectible 208 258 508 905 Required: 1. Estimate the amount of uncollectible receivables. Age Group Estimated Amount Uncollectible Not yet due 0-30 days past due 31-90 days past due More than 90 days past due Total