Southwest Pediatrics has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $130,000 Allowance for Uncollectible Accounts = $2,100 (debit). On December 31, 2021, Southwest estimates uncollectible accounts to be 20% of accounts receivable. Required: 1. Record the adjusting entry for uncollectible accounts on December 31, 2021. (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. Notes Enter debits before credits General Journal Debit Credit Date naramhar 31 View transaction list Journal entry worksheet Record the adjusting entry for Uncollectible Accounts. Note: Enter debits before credits. General Journal Debit Credit Date December 31 2021 Record entry Clear entry View general journal 2. Determine the amount at which bad debt expense is reported in the income statement and the allowance for uncollectible accounts is reported in the balance sheet. Bad Debt Expense Allowance for Uncollectible Accounts 3. Calculate net accounts receivable Total Accounts Receivable Net Accounts Receivable mapter 5 Homework Saved At the end of the year, Brinkley Incorporated's balance of Allowance for Uncollectible Accounts is $4,000 (credit) before ad The company estimates future uncollectible accounts to be 3% of credit sales for the year. Credit sales for the year total $13 What is the adjustment Brinkley would record for Allowance for Uncollectible Accounts using the percentage of credit-sales (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) ints eBook View transaction list Print Journal entry worksheet eferences Record the adjusting entry for Allowance for Uncollectible Accounts. Note: Enter debits before credits. Transaction General Journal Debit Credit Chapter 5 Homework a Saved Calculate the missing amount for each of the following notes receivable. Annual Interest Rate Fraction of the Year Interest 0.06 points Face Value 11,000 30,000 35,000 6 5 % % 1,500 4 months months 6 months 6 months eBook $ .225 Print 700 References Required information The following information applies to the questions displayed below) Part 2 of 2 006 points On April 25, Foreman Electric Installs wiring in a new home for $3,500 on account. However, on April 27. Foreman's electrical work does not pass inspection, and Foreman grants the customer an allowance of $600 because of the problem. The customer makes full payment of the balance owed, excluding the allowance, on April 30. 4. Calculate net revenue associated with these transactions Net Revenue