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#8 pls help me asap! thank u! Ascension Hospital has the following balances on December 31, 2024, before any adjustment: Accounts Receivable = $59,000; Allowance
#8 pls help me asap! thank u!
Ascension Hospital has the following balances on December 31, 2024, before any adjustment: Accounts Receivable = $59,000; Allowance for Uncollectible Accounts =$1,300 (credit). Ascension estimates uncollectible accounts based on an aging of accounts recelvable as shown below. Required: 1. Estimate the amount of uncollectible receivables. 2. Record the adjusting entry for uncollectible accounts on December 31, 2024. 3. Calculate net accounts recelvable reported in the balance sheet. Complete this question by entering your answers in the tabs below. Evtimate the amount of uncollectible receivables. Journal entry worksheet Record the adjusting entry for uncollectible accounts. Note: Enter debits before credits. Ascension Hospital has the following balances on December 31,2024 , before any adjustment Accounts Recelvable =$59,000 : Allowance for Uncollectible Accounts =$1,300 (credit). Ascension estimates uncollectible accounts based on an aging of accounts recelvable as shown below. Required: 1. Estimate the amount of uncollectible recelvables, 2. Record the adjusting entry for uncollectible accounts on December 31,2024. 3. Calculate net accounts recelvable reported in the balance sheet. Complete this question by entering your answers in the tabs below. Calculate net accounts recelvable reported in the balance sheet Step by Step Solution
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