Mercy Hospital has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $50,000; Allowance for Uncollectible Accounts = $1,300 (credit). Mercy estimates uncollectible accounts based on an aging of accounts receivable as shown below.

Age Group	Amount Receivable						Estimated Percent Uncollectible
Not yet due		$	30,000					20	%
030 days past due			9,000					25	%
3190 days past due			6,000					40	%
More than 90 days past due			5,000					80	%
Total		$	50,000

Required:

1. Estimate the amount of uncollectible receivables.

Mercy Hospital has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $50,000; Allowance for Uncollectible Accounts = $1,300 (credit). Mercy estimates uncollectible accounts based on an aging of accounts receivable as shown below.

Age Group	Amount Receivable						Estimated Percent Uncollectible
Not yet due		$	30,000					20	%
030 days past due			9,000					25	%
3190 days past due			6,000					40	%
More than 90 days past due			5,000					80	%
Total		$	50,000

Required:

1. Estimate the amount of uncollectible receivables.

Mercy Hospital has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $50,000; Allowance for Uncollectible Accounts = $1,300 (credit). Mercy estimates uncollectible accounts based on an aging of accounts receivable as shown below.

Age Group	Amount Receivable						Estimated Percent Uncollectible
Not yet due		$	30,000					20	%
030 days past due			9,000					25	%
3190 days past due			6,000					40	%
More than 90 days past due			5,000					80	%
Total		$	50,000

Required:

1. Estimate the amount of uncollectible receivables.

Mercy Hospital has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $50,000; Allowance for Uncollectible Accounts = $1,300 (credit). Mercy estimates uncollectible accounts based on an aging of accounts receivable as shown below.

Age Group	Amount Receivable						Estimated Percent Uncollectible
Not yet due		$	30,000					20	%
030 days past due			9,000					25	%
3190 days past due			6,000					40	%
More than 90 days past due			5,000					80	%
Total		$	50,000

Required:

1. Estimate the amount of uncollectible receivables.

Age Group	Estimated Amount Uncollectible
Not yet due
0-30 days past due
31-90 days past due
More than 90 days past due
Total

2. 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.) 1) Record the adjusting entry for Uncollectible Accounts.

3. Calculate net accounts receivable.

Total Accounts Receivable
Net Accounts Receivable

Total Accounts Receivable
Net Accounts Receivable