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Southwest Pediatrics has the following balances on December 31, 2021. before any adjustment: Accounts Receivable - S11.000; Allowance for Uncollectible Accounts = $2,100 (debut). On
Southwest Pediatrics has the following balances on December 31, 2021. before any adjustment: Accounts Receivable - S11.000; Allowance for Uncollectible Accounts = $2,100 (debut). 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 2 Determine the amount at which bad debt cxpense is reported in the income statement and the allowance for uncollectible accounts is reported in the balance sheet Record the adjusting entry for Uncollectible Accounts Bed Debl Expo Allowance for Uncolectible Accounts Nota: Enter dubitabalores Generolournal Debit lata December 31 202 3. Calculate net accounts receivable. Total Account Receive Recordenty Cles entry View general Journal NA Account Receivable
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