Question Help At September 30, 2016, the accounts of Park Terrace Medical Center (PTMC) include the following Accounts Receivable Allowance for Bad Debts (credit balance) $ 143,000 3,300 During the last quarter of 2016, PTMC completed the following selected transactions: (Click the icon to view the transactions.) Read the resuirements Requirement 1. Journalize the transactions. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Dec 28Wrote off accounts receivable as uncollectible: Silver, Co., $1,200, Oscar Wells, 51,000 and Rain, Inc., 5600 Date Ac Requirements - X 2016 Dec. 28 1. 2. Journalize the transactions Open the Allowance for Bad Debts T-account, and post entries affecting that account Keep a running balance Show how Park Terrace Medical Center should report net accounts receivable on its December 31, 2016, balance sheet 3. Choose from any list or en Print Done 3 parts remaining Check Answer HW Score: 19 2%, 288 of BA (book/static) At September 30, 2016, the accounts of Park Terrace Medical Center (PTMC) include the following More Info Accounts Receivable Allowance for Bad Debts (or Ques During the last quarter of 2016, PTMC completed the following selected -X Requirement 1. Journalize Dec 28: Wrote off accounts Dec. 28 Wrote off accounts receivable as uncollectible: Silver, Co., 51,200, Oscar Wells, $1.000, and Rain, Inc. $600 31 Recorded bad debts expense based on the aging of accounts receivable, as follows Date Ad 2016 Dec. 28 Accounts Receivable Estimated percent uncollectible Age of Accounts 1-30 Days 31-60 Days 61-90 Days Over 90 Days $ 103,000 $ 41,000 $ 13.000 $ 6,000 0.3% 3% 30% 35% Print Done Choose from any list or en 3 parts Print Done remaining Check Answer e to search a 99+