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Problem 5-4A Record transactions related to uncollectible accounts (L05-4, 5-5) [The following information applies to the questions displayed below) Pearl E White Orthodontist specializes in

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Problem 5-4A Record transactions related to uncollectible accounts (L05-4, 5-5) [The following information applies to the questions displayed below) Pearl E White Orthodontist specializes in correcting misaligned teeth During 2021. Peart provides services on account of $583,000. Of this amount $73,000 remains receivable at the end of the year An aging schedule as of December 31, 2021 is provided below Age Group Not yet due 0-90 days past due 91-180 days past due More than 180 days past due Total Amount Receivable $33,000 15,380 10,300 14,400 $73,000 Estimated Percent Uncollectible ST 10x 30% 80% 7 Problem 5-4A Part 1 Required: 1. Calculate the allowance for uncollectible accounts. Estimated Amount Uncollectible Age Group Not yet due 0-90 days past due 91-180 days past due More than 180 days past due Total $ 0

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