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please do the journal entry and Calculate the net accounts receivable reported in the balance sheet. Providence Hospital has the following balances on December 31,
please do the journal entry and Calculate the net accounts receivable reported in the balance sheet.
Providence Hospital has the following balances on December 31, 2024, before any adjustment: Accounts Receivable =$55,000; Allowance for Uncollectible Accounts =$1,500 (credit). Providence estimates uncollectible accounts based on an aging of accounts receivable as shown below. Required: 1. Estimate the amount of uncollectible receivables. 2. Record the adjusting entry for uncollectible accounts on December 31, 2024. 3. Calculate net accounts receivable reported in the balance sheet. Complete this question by entering your answers in the tabs below. Record the adjusting entry for uncollectible accounts on December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet ivote: chler uediss deiore crealss. Calculate net accounts receivable reported in the balance sheet. \begin{tabular}{|l|} \hline Total Accounts Receivable \\ \hline Net Accounts Receivable \\ \hline \end{tabular}
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