Problem 5-4A (Static) Record transactions related to uncollectible accounts (LO5-4, 5-5) Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2024, Pearl provides services on account of $590,000. Of this amount, $80,000 remains receivable at the end of the year. An aging schedule as of December 31, 2024, is provided below. Age Group Not yet due 0 to 90 days past due 91 to 180 days past due More than 180 days past due Total Amount Receivable $ 40,000 16,000 11,000 13,000 $ 80,000 Estimated Percent Required: 1. Calculate the allowance for uncollectible accounts. 2. Record the December 31, 2024, adjusting entry, assuming the balance of Allowance for Uncollectible Accounts before adjustment is $5,000 (credit). 3. On July 19, 2025, a customer's account balance of $8,000 is written off as uncollectible. Record the write-off. Req 1 Uncollectible 4% 20% 25% 80% 4. On September 30, 2025, the customer whose account was written off in requirement 3 unexpectedly pays the full amount. Record the cash collection. Req 2 to 4 Complete this question by entering your answers in the tabs below.

Problem 5-4A (Static) Record transactions related to uncollectible accounts (LO5-4, 5-5) Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2024. Pearl provides services on account of $590,000. Of this amount, $80,000 remains receivable at the end of the year. An aging schedule as of December 31,2024 , is provided below. Required: 1. Calculate the allowance for uncollectible accounts. 2. Record the December 31,2024 , adjusting entry, assuming the balance of Allowance for Uncollectible Accounts before adjustment is $5.000( credin). 3. On July 19,2025 , a customer's account balance of $8,000 is written off as uncollectible. Record the wite-off. 4. On September 30, 2025, the customer whose account was written off in requirement 3 unexpectedly pays the full amount. Record the cash collection. Complete this question by entering your answers in the tabs below