Chapter 5 Seved Physicians' Hospital has the following balances on December 31, 2021, before any adjustment Accounts Receivable = $40,000, Allowance for Uncollectible Accounts = $1.200 (credin. On December 31, 2021. Phiysicians' estimates uncollectible accounts to be 10% of accounts receivable Required: 1. Record the adjusting entry for uncollectible accounts on December 31, 2021 (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction ist Journal entry worksheet Record the adjusting entry for Uncollectible Accounts etter dette forer General Journal Cabil Credit Date December 31 2021 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. Bad Debt Expense Allowance for Uncollectibles Accounts 3. Calculate net accounts receivable Total Accounts Receivable Net Accounts Receivable