Required information [The following information applies to the questions displayed below.) of 4 Facial Cosmetics provides plastic surgery primarily to hide the appearance of unwanted scars and other blemishes. During 2018, the company provides services of $397,000 on account. Of this amount, $47,000 remains uncollected at the end of the year. An aging schedule as of December 31, 2018, is provided below, Amount Estimated Percent Age Group Receivable Uncollectible Not yet due $ 27,000 3% 0-30 days past due 9,700 4% 31-60 days past due 6,700 11% More than 60 days past due 3,600 25% Total $ 47,000 Ook int onces Required: 1. Calculate the allowance for uncollectible accounts. Age Group Estimated Amount Uncollectible Not yet due 0-30 days past due 31-60 days past due More than 60 days past due Total S D MacBook Pro 7 Facial Cosmetics provides plastic surgery primarily to hide the appearance of unwanted scars and other blemishes. During 2018, the company provides services of $397,000 on account of this amount, $47,000 remains uncollected at the end of the year. An aging schedule as of December 31, 2018, is provided below. 2 of 4 Estimated Percent Uncollectible 3% Age Group Not yet due 0-30 days past due 31-60 days past due More than 60 days past due Amount Receivable $ 27,000 9,700 6,700 3,600 4% 11% 25% Total $ 47,000 ook Tint 2. Record the December 31, 2018, adjustment, assuming the balance of Allowance for Uncollectible Accounts before adjustment is $270 (deb/). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) ences View transaction list Journal entry worksheet 1 Record the adjustment entry for Uncollectible Accounts. Note: Enter debits before credits General Journal Date December 31, 2018 Debit Credit Record entry Clear entry View general Journal Di Saved Facial Cosmetics provides plastic surgery primarily to hide the appearance of unwanted scars and other blemishes. During 2018, the company provides services of $397,000 on account of this amount, $47.000 remains uncollected at the end of the year. An aging schedule as of December 31, 2018, is provided below. Amount Estimated Percent Age Group Receivable Uncollectible Not yet due $ 27,000 3% 0-30 days past due 9,700 4% 31-60 days past due 6.700 11% More than 60 days past due 3,600 25% Total $ 47,000 3. On April 3, 2019, a customer's account balance of $370 is written off as uncollectible. Record the write-off. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet MacBook Pro Required information [The following information applies to the questions displayed below.) Facial Cosmetics provides plastic surgery primarily to hide the appearance of unwanted scars and other blemishes. During 2018, the company provides services of $397,000 on account of this amount, $47.000 remains uncollected at the end of the year. An aging schedule as of December 31, 2018, is provided below. Amount Estimated Percent Age Group Receivable Uncollectible Not yet due $ 27,000 0-30 days past due 9,700 4% 31-60 days past due 6,700 11% More than 60 days past due 3,600 25% 3% Total $ 47,000 4. On July 17, 2019, the customer whose account was written off in Part 3 unexpectedly pays $100 of the amount but does not expect to pay any additional amounts. Record the cash collection. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet
