Exercise $5-11($Algo$)$ Record the adjusting entry for uncollectible accounts using the aging method $($LO$55)$

The Physical Therapy Center specializes in helping patients regain motor skills after serious accidents. The center has the following balances on December $31,2024,$ before any adjustment: Accounts Receivable $=$$$95,000$; Allowance for Uncollectible Accounts $=$ $$2,500($debit$).$ The center estimates uncollectible accounts based on an aging of accounts receivable as shown below.

$\backslash$table$[[$Age Group,Amount,Estimated Percent$],[$Not yet due,Receivable,Uncollectible$],[0$ to $60$ days past due,$$45,000,5\%$