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The Physical Therapy Center specializes in helping patients regain motor skills after serious accidents. The center has the following 2 Record the adjusting entry for
The Physical Therapy Center specializes in helping patients regain motor skills after serious accidents. The center has the following 2 Record the adjusting entry for uncollectible accounts on December 31, 2021. (if no entry is required for a particular balances on December 31, 2021, before any adjustment Accounts Receivable - $95.000: Allowance for Uncollectible Accounts transaction/event, select "No Journal Entry Required in the first account field.) $2,500 den. The center estimates uncollectible accounts based on an aging of accounts receivable as shown below. Vwwlascioli Age Group Not yet due a se days past due 51 128 days pust duc More than 120 days pust duc Total Estimated Percent Antount Receivable Uncollectible $ 45,000 SE 24,588 10x 20 11,000 $99,00 Journal entry worksheet Required: 1. Estimate the amount of uncollectible receivables. Record the adjusting entry for Uncollectible Accounts. Fatimated Age Group Note: Enter debits before codita. Uncollectible General Journal Debit Credit Dato December 31, 2021 Not yet duy 0 60 days past due 61-120 dan padur More than 120 days pasl due Total Racord entry CARNI CAT View General journal 3. Calculate net accounts receivable Total Arts Receivaba Nat Acous Retalhe
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