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Exercise 5-9 (Algo) Record the adjusting entry for uncollectible accounts and colculate net accounts receivable (LO5-5) Latson Pedatrics has the following balances on December 31,2024

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Exercise 5-9 (Algo) Record the adjusting entry for uncollectible accounts and colculate net accounts receivable (LO5-5) Latson Pedatrics has the following balances on December 31,2024 , before any adjustrnent Accounts Rectivable = $112,000 : Allowance for Uncollectible Accounts i 52,000 (debin, On December 31, 2024, Latson estimates uncollectible occounts to be f0\%s of saccounts receivable Required: 1. Fecord the adjusting entry for uncolectible accounts on December 31,2024 2. Determunc the amount at which bad debt expense is reported in the income statement and the allowance for uncollectible accounts is ieported in the balance sheet. 3. Calculate het accounts recevable reported in the balance sheet Complete this 4vestion by entering your answers in the tabs below. Determine the amount at which bad dobt empense is reported in the incorne statement and the allowance for uncollectible. accounts A roported in the bslance sheet

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