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At September 30, 2016, the accounts of East Terrace Medical Center (ETMC) include the following Accounts Receivable $ 141.000 Allowance for Bad Debts (credit balance) 3,200 During the last quarter of 2016, ETMC completed the following selected transactions (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize the transactions. (Record debits first, then credits Select the explanation on the last line of the journal entry table.) Dec 28 Wrote off accounts receivable as uncollectible: Sapphire Co $1.100 Oscar Weiss, $900 and Parrot, Inc., $400. Date Accounts and Explanation Debit Credit 2016 Dec 28 in the fields and then continue to the next question accounts of East Terrace Medical Center (ETMC) During the last quarter of 2016, ETMC completed transactions: More Info X Dec. 28 Wrote off accounts receivable as uncollectible: Sapphire Co., $1,100; Oscar Weiss, $900; and Parrot, Inc., $400. 31 Recorded bad debts expense based on the aging of accounts receivable, as follows: Age of Accounts Accounts Receivable 1-30 Days 31-60 Days 61-90 Days Over 90 Days $ 95.000 $ 44 000 $ 14,000 $ 8,000 0.39 39 30% 35% Estimated percent uncollectible Print Done LUI La Tente Medical Center (ETMC) During the last quarter of 2016, ETMC comp transactions: i (Click the icon to view the transactions. $ 141,000 lance) 3,200 Read the requirements. sact i Requirements - X ble and 1. 2. Journalize the transactions. Open the Allowance for Bad Debts T-account, and post entries affecting that account. Keep a running balance. Show how East Terrace Medical Center should report net accounts receivable on its December 31, 2016, balance sheet. 3. Print Done sumber in the input fields and then continue to the next question. At September 30, 2016, the accounts of East Terrace Medical Center (ETMC) include the following: During the la transactions: (Click th Accounts Receivable $ 141,000 3,200 Allowance for Bad Debts (credit balance) Read the red Dec. 31: Recorded bad debts expense based on the aging of accounts receivable Date Accounts and Explanation Debit Credit 2016 Dec. 31 Requirement 2. Open the Allowance for Bad Debts T-account and post entries affecting that ac Choose from any list or enter any number in the input fields and then continue to the next At September 30, 2016, the accounts of East Terrace Medical Center (ETMC) include the following Accounts Receivable $ 141,000 Allowance for Bad Debts (credit balance) 3,200 During the last quarter of 2016, ETMC completed the following selected transactions (Click the icon to view the transactions.) Read the requirements Requirement 2. Open the Allowance for Bad Debts T-account, and post entries affecting that account. Keep a running balance. (Enter the September 30 balance and post the December 28 entry on the first line of the account Calculate the unadjusted balance on the second line of the account. Then post the December 31 adjusting entry on the third line of the account and calculate the December 31 adjusted balance on the last line of the account) Allowance for Bad Debts Requirement 3. Show how East Terrace Medical Center should report net accounts receivable on its December 31, 2016, balance sheet (Ignore the Accounts Choose from any list or enter any number in the input fields and then continue to the next question ve Requirement 3. Show how East Terrace Medical Center should report net accounts receivable on its December 31, 2016, balance sheet (Ignore the Accounts Receivable balance given as of September 30, 2016 when preparing the partial balance sheet at December 31, 2016 below) Balance Sheet (Partial): Current Assets Choose from any list or enter any number in the input fields and then continue to the next