7 00:3955 188 38 far. It does not indicate completion. 3-b. Assume the same facts as above but assume actual write-offs in 2022 were $15,000. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2022 (before adjustment in 2022) Answer is complete but not entirely correct. Beginning Balance in 2022 5 15,000 Less Bad Debt Expense 12,500 Less Write-offs During 20221 O 15.000 Ending Balance in 2022 2,500 7 Accounts Receivable 10 000 800.2941 2-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2022 (before adjustment in 2022) Beginning Balance in 2022 Answer is not complete. Ending Balance in 2022 2 7 00:39:27 During 2021, its first year of operations. Pave Construction provides services on account of $160,000. By the end of 2021, cash collections on these accounts total $110,000. Pave estimates that 25% of the uncollected accounts will be uncollectible in 2022, the company writes off uncollectible accounts of $10,000. 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.) Retum