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Physicians' Hospital has the following balances on December 31, 2021, before any adjustments Accounts Receivable - $56,000; Allowance for Uncollectible Accounts = $1,000 (credit. On

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Physicians' Hospital has the following balances on December 31, 2021, before any adjustments Accounts Receivable - $56,000; Allowance for Uncollectible Accounts = $1,000 (credit. On December 31, 2021. Physicians' estimates uncollectible accounts to be 20% 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

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