Exercise 5-10 (Algo) Record the adjusting entry for uncollectible accounts using the aging method (LO5- 5) Providence Hospital has the following balances on December 31, 2024, before any adjustment: Accounts Receivable = $58,000; Allowance for Uncollectible Accounts = $1,500 (credit). Providence estimates uncollectible accounts based on an aging of accounts receivable as shown below. Estimated Percent Uncollectible Age Group Amount Receivable $38,000 Not yet due 20% 0 to 30 days past due 9,800 25% 31 to 90 days past due 6,800 50% More than 90 days past due 3,400 90% Total $58,000 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. < Prev 10 of 11 Next Required 1 Required 2 Required 3 Estimate the amount of uncollectible receivables. Estimated Amount Age Group Uncollectible Not yet due 0 to 30 days past due 31 to 90 days past due More than 90 days past due Total $ 0 < Required 1 Required 2 > Chec 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.) View transaction list Journal entry worksheet < 1 > Record the adjusting entry for uncollectible accounts. Note: Enter debits before credits. Date General Journal December 31, 2024 < Prev 10 of 11 Debit Credit Next > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate net accounts receivable reported in the balance sheet. Total Accounts Receivable Net Accounts Receivable < Required 2 Required 3 >.