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Required information Problem 5-4A Record transactions related to uncollectible accounts (LO5-4,5-5) (The following information applies to the questions displayed below. Pearl E. White Orthodontist specializes
Required information Problem 5-4A Record transactions related to uncollectible accounts (LO5-4,5-5) (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. Estimated Percent Uncollectible 5% 10% 30% 80% Amount Receivable $33,eee 15,300 10,300 14.4ee $73, eee Age Group Not yet due -90 days past due 91-180 days past due More than 180 days past due Total es 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
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