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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

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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 2021, the company provides services of $402,000 on account. Of this amount, $52,000 remains uncollected at the end of the year. An aging schedule as of December 31, 2021, is provided below. Estimated Percent Uncollectible Age Group Not yet due 0-30 days past due 31-60 days past due More than 60 days past due Total Amount Receivable $32,000 10,200 7.200 2.500 552,000 2. Record the December 31, 2021, adjustment, assuming the balance of Allowance for Uncollectible Accounts before adjustment is $320 (debin. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry for Uncollectible Accounts. Return to 2021, the company provides services of $402,000 on account of this amount, $52,000 remains uncollected at the end of the year. An aging schedule as of December 31, 2021, is provided below. Estimated Percent Uncollectible Age Group Not yet due 0-30 days past due 31-60 days past due More than 60 days past due Total Amount Receivable $32,000 10,200 7,200 120 303 $52,000 2. Record the December 31, 2021, adjustment, assuming the balance of Allowance for Uncollectible Accounts before adjustment is $320 (debi) (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Answer is complete but not entirely correct. NO Credit Date General Journal December 31, 202 Bad Debt Expense Allowance for Uncollectible Accounts Debit 350.000 1 350,000

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