ter 5 Homework 9 53.40 ces Exercise 5-9 (Algo) Record the adjusting entry for uncollectible accounts and calculate net accounts receivable (LO5-5) Latson Pediatrics has the following balances on December 31, 2024, before any adjustment: Accounts Receivable - $122,000; Allowance for Uncollectible Accounts $1.900 (debit. On December 31, 2024, Latson estimates uncollectible accounts to be 15% of accounts receivable. Required: 1. Record the adjusting entry for uncollectible accounts on December 31, 2024. 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. 3. Calculate net accounts receivable reported in the balance sheet. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Record the adjusting entry for uncollectible accounts on December 31, 2024. (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. Chapter 5 Homework 9 0.09 points BQ Saved Record the adjusting entry for uncollectible accounts on December 31, 2024. (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 00:53:35 < 1 eBook Hint Record the adjusting entry for Uncollectible Accounts. Note: Enter debits before credits. Date Print December 31, 2024 References General Journal Debit Credit Record entry Clear entry View general journal Required f Required 2 > :53:29 ok t receivable (LO5-5) ing entry for uncollectible accounts and calculate net ac Latson Pediatrics has the following balances on December 31, 2024, before any adjustment: Accounts Receivable $122 Allowance for Uncollectible Accounts $1,900 (debin). On December 31, 2024, Latson estimates uncollectible accounts accounts receivable. Required: 1. Record the adjusting entry for uncollectible accounts on December 31, 2024. 2. Determine the amount at which bad debt expense is reported in the income statement and the allowance for uncolle is reported in the balance sheet. 3. Calculate net accounts receivable reported in the balance sheet. Complete this question by entering your answers in the tabs below. ht 1 nces Required 1 Required 2 Required 3 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 < Required 1 Required 3 0.09 points 00:53:24 eBook Hint receivable (LO5-5) Latson Pediatrics has the following balances on December 31, 2024, before any adjustment: Accounts Receiva Allowance for Uncollectible Accounts $1,900 (debit). On December 31, 2024, Latson estimates uncollectible a accounts receivable. Required: 1. Record the adjusting entry for uncollectible accounts on December 31, 2024. 2. Determine the amount at which bad debt expense is reported in the income statement and the allowance fo is reported in the balance sheet. 3. Calculate net accounts receivable reported in the balance sheet. Complete this question by entering your answers in the tabs below. Print O References Required 1 Required 2 Required 3 Calculate net accounts receivable reported in the balance sheet. Total Accounts Receivable Net Accounts Receivable < Required 2 0 Required 3>