Southwest Pediatrics has the following balances on December 31, 2018, before any adjustment: Accounts Receivable = $112,000; Allowance for Uncollectible Accounts = $2,000 (debit). On December 31, 2018, Southwest estimates uncollectible accounts to be 10% of accounts receivable.

Exercise 5-9 Record the adjustment for uncollectible accounts and calculate net realizable value (LO5-3) Southwest Pediatrics has the following balances on December 31, 2018, before any adjustment. Accounts Receivable = $112,000; Alowance for Uncollectible Accounts-$2,000 Southwest estimates uncollectible accounts to be 10% of accounts receivable. debit On December 31, 2018, Required 1. Reoord the adjustment for uncollectible accounts on December 31, 2018. (If no entry is required for a transactionevent, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the adjustment entry for Uncollectible Accounts. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2018 Record entry Clear entry view general journa