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Exit Submit Niles Cosmetics provides plastic surgery primarily to hide the appearance of unwanted scars and other blemishes. During 2024, the company provides services
Exit Submit Niles Cosmetics provides plastic surgery primarily to hide the appearance of unwanted scars and other blemishes. During 2024, the company provides services of $392,000 on account. Of this amount, $42,000 remains uncollected at the end of the year. An aging schedule as of December 31, 2024, follows Not yet due 6 to 30 daye past due 31 to 60 days past due Total Required: $22,000 9.200 24 56 6,200 10% 4,600 $ 42,000 20% 1. Calculate the allowance for uncollectible accounts. 2. Record the December 31, 2024, adjusting entry, assuming the balance of Allowance for Uncollectible Accounts before adjustment in $220 (debi 3. On April 3, 2025, a customer's account balance of $320 is written off as uncollectible. Record the write-off 4. On July 17, 2025, the customer whose account was written off in requirement 3 unexpectedly pays $100 of the amount but does no expect to pay any additional amounts. Record the cash collection. Complete this question by entering your answers in the tabs below. Req 1 Req 2 to 4 Calculate the allowance for uncollectible accounts. Ape Group Estimated Amount
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