accounting homework 7-8

Challenger Pediatrics has the following balances on December 31, 2024, before any adjustment: Accounts Recelvable =$110,000; Allowance for Uncollectible Accounts =$1,900 (debih). On December 31,2024 , Challenger estimates uncollectible accounts to be 15 ? of accounts recelvable. Required: 1. Record the adjusting entry for uncollectible accounts on December 31, 2024. 2. Determine the amount at which bad debt expense is reported in the income statement and the allowance for uncollectible accour is reported in the balance sheet. 3. Calculate net accounts recelvable reported in the balance sheet. Complete this question by entering your answers in the tabs below. Determine the amount at which bad debt expense is reported in the income statement and the allowance for uncollectible accounts is reported in the balance sheet. Required: 1. Estimate the amount of uncollectible receivables. 2. Record the adjusting entry for uncollectible accounts on December 31, 2024. 3. Calculate net accounts receivable reported in the balance sheet. Complete this question by entering your answers in the tabs below. Calculate net accounts receivable reported in the balance sheet. Complete this question by entering your answers in the tabs below. Record the adjusting entry for uncollectible accounts on December 31,2024 . (If no entry is required for a particular transas select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the adjusting entry for uncollectible accounts. Note: Enter debits before credits. 3. Calculate net accounts receivable reported in the balance sheet. Complete this question by entering your answers in the tabs below. Record the adjusting entry for uncollectible accounts on December 31, 2024. (If no entry is required for a particular transaction/eve select "No Journal Entry Required" in the first account field.) 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 Receivable =$59,000; Allowance for Uncollectible Accounts =$1,300 (credin). Ascension estimates uncollectible accounts based on an aging of accounts receivable 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 receivable reported in the balance sheet. Complete this question by entering your answers in the tabs below. Estimate the amount of uncollectibie recelvables. Ascension Hospital has the following balances on December 31, 2024, before any adjustment: Accounts Receivable =$59,000; Allowance for Uncollectible Accounts =$1,300 (crediq). Ascension estimates uncollectible accounts based on an aging of accounts receivable 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. Estimate the amount of uncollectible recelvables. Challenger Pediatrics has the following balances on December 31, 2024, before any adjustment: Accounts Recelvable =$110,000; Allowance for Uncollectible Accounts =$1,900 (debih). On December 31, 2024, Challenger estimates uncollectible accounts to be 15\% of accounts recelvable. Required: 1. Record the adjusting entry for uncollectible accounts on December 31,2024. 2. Determine the amount at which bad debt expense is reported in the income statement and the allowance for uncollectible accour is reported in the balance sheet. 3. Calculate net accounts receivable reported in the balance sheet. Complete this question by entering your answers in the tabs below. Calculate net accounts receivable reported in the balance sheet. Challenger Pediatrics has the following balances on December 31, 2024, before any adjustment: Accounts Recelvable =$110,000; Allowance for Uncollectible Accounts =$1,900 (debit). On December 31, 2024, Challenger estimates uncollectible accounts to be 15% of accounts receivable. Required: 1. Record the adjusting entry for uncollectible accounts on December 31,2024. 2. Determine the amount at which bad debt expense is reported in the income statement and the allowance for uncollectible accounts is reported in the balance sheet. 3. Calculate net accounts recelvable reported in the balance sheet. Complete this question by entering your answers in the tabs below. Record the adjusting entry for uncollectible accounts on December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the adjusting entry for Uncollectible Accounts