Exercise 5-8A Record the adjusting entry for uncollectible accounts and calculate net accounts receivable (LO5-5) Physicians' Hospital has the following balances on December 31, 2021, before any adjustment Accounts Receivable = $46,000, Allowance for Uncollectible Accounts $1,200 (credit). On December 31, 2021, Physicians' 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 list Journal entry worksheet < 1 Record the adjusting entry for Uncollectible Accounts. Note: Enter debits before credits. Date December 31, 2021 General Journal Debit Credit Record entry Clear entry View general journal h