Exercise 5-10 (Algo) Record the adjusting entry for uncollectible accounts using the aging method (LO5- 5) St Joseph Hospital has the following balances on December 31, 2024, before any adjustment Accounts Receivable = $54,000, Allowance for Uncollectible Accounts = $1,400 (credit) St. Joseph estimates uncollectible accounts based on an aging of accounts receivable as shown below. Age Group Not yet due 0 to 30 days past due 31 to 90 days past due flore than 90 days past due Total Amount Receivable $34,000 9,400 6,400 4,200 $54,000 Required 1 Required 2 Required 3 Estimated Percent 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. Estimate the amount of uncollectible receivables. Estimated Amount Uncollectible Age Group Not yet due 0 to 30 days past due 31 to 90 days past due More than 90 days past due Total Uncollectible 15% Complete this question by entering your answers in the tabs below. 20% 45% 85X

Exercise 5-10 (Algo) Record the adjusting entry for uncollectible accounts using the aging method (LO55) receivable as thowr below Required: L. fitsmate the amount of uncolectible receivabies 2. fiecond the adfusting entry for uncolectible accounts on Decenber 31,2024 3. Calculatie net accounts recelvable reported in the balance sheet. Complete this question by entering your answers in the tobs below. Fitimate the ansount of uncedlectible recrivables. St. Joseph Hospital has the following balances on December 31, 2024, before any adjustment Accounts Receivable =$54,000, Allowance for Uncollectible Accounts =$1,400 (credit). St. Joseph 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. Calculate net accounts receivable reported in the balance sheet. Record the adjusting entry for uncollectible accounts on December 31,2024 . (If no entry is required for a particular transacti 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