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Required Information [The following information applies to the questions displayed below) Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Peor provides services
Required Information [The following information applies to the questions displayed below) Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Peor provides services on account of $572,000. Of this amount, $62,000 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 pant due 91-180 days past due More than 180 days past due Total noun Receivable $22,000 14.200 9.200 16,600 562,000 Estimated Percent Uncollectible 58 105 304 805 4. On September 30, 2022, the customer whose account was written off in part 3 unexpectedly pays the full amount. Record the cash collection (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 1 2 Record the entry to re-establish account previously written off. Note: Enter debits before credits. Date General Journal Debit Credit September 30, 2022 Record entry Clear entry Vlow general Journal Journal entry worksheet 1 2 Record cash received on account. Note: Enter debits before credits Date General Journal Debit Credit September 30, 2022 Record entry Clear entry View general Journal Required Information [The following information applies to the questions displayed below) Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Peor provides services on account of $572,000. Of this amount, $62,000 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 pant due 91-180 days past due More than 180 days past due Total noun Receivable $22,000 14.200 9.200 16,600 562,000 Estimated Percent Uncollectible 58 105 304 805 4. On September 30, 2022, the customer whose account was written off in part 3 unexpectedly pays the full amount. Record the cash collection (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 1 2 Record the entry to re-establish account previously written off. Note: Enter debits before credits. Date General Journal Debit Credit September 30, 2022 Record entry Clear entry Vlow general Journal Journal entry worksheet 1 2 Record cash received on account. Note: Enter debits before credits Date General Journal Debit Credit September 30, 2022 Record entry Clear entry View general Journal
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