y cou Chapter 5 Assignment Seved Help Save & Exit SE Check my w 4 15 points The Physical Therapy Center specializes in helping patients regain motor skills after serious accidents The center has the following balances on December 31, 2021, before any adjustment Accounts Receivable = $93,000: Allowance for Uncollectible Accounts = $2,300 (debih). The center estimates uncollectible accounts based on an aging of accounts receivable as shown below. Estimated Percent Age Group Amount Receivable Uncollectible Not yet due $ 43,000 5X 0-60 days past due 24,300 62-120 days past due More than 120 days past due 11,400 Total $93,000 Bock 14,300 15% 25% 80% Hint P References Required: 1. Estimate the amount of uncollectible receivables. Estimated Amount Uncollectible Age Group Not yet due 0-60 days past due 61-120 days past due More than 120 days past due Total 2. 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.) us View transaction list Book Hint Journal entry worksheet Print erences Record the adjusting entry for Uncollectible Accounts. Note: Enter debits before credits General Journal Debit Credit Date December 31, 2021 1.5 points 3. Calculate net accounts receivable eBook Hint Total Accounts Receivable Print References Net Accounts Receivable y cou Chapter 5 Assignment Seved Help Save & Exit SE Check my w 4 15 points The Physical Therapy Center specializes in helping patients regain motor skills after serious accidents The center has the following balances on December 31, 2021, before any adjustment Accounts Receivable = $93,000: Allowance for Uncollectible Accounts = $2,300 (debih). The center estimates uncollectible accounts based on an aging of accounts receivable as shown below. Estimated Percent Age Group Amount Receivable Uncollectible Not yet due $ 43,000 5X 0-60 days past due 24,300 62-120 days past due More than 120 days past due 11,400 Total $93,000 Bock 14,300 15% 25% 80% Hint P References Required: 1. Estimate the amount of uncollectible receivables. Estimated Amount Uncollectible Age Group Not yet due 0-60 days past due 61-120 days past due More than 120 days past due Total 2. 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.) us View transaction list Book Hint Journal entry worksheet Print erences Record the adjusting entry for Uncollectible Accounts. Note: Enter debits before credits General Journal Debit Credit Date December 31, 2021 1.5 points 3. Calculate net accounts receivable eBook Hint Total Accounts Receivable Print References Net Accounts Receivable
