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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
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, Pearl 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 91-189 days past due More than 180 days past due Total Amount Receivable $33,000 15,300 10,300 14,400 $7,000 Estimated Percent Uncollectible 5 10% 30% 80% Problem 5-4A Part 4 4. On September 30, 2022 the customer whose account was written off in port 3 unexpectedly pays the full amount Resord the cash Resora collection (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
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