Exercise 5-11A Record the adjusting entry for uncollectible accounts using the aging method (LO5-5) 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 =$110,000; Allowance for Uncollectible Accounts = $4,000 (debit). The center estimates uncollectible accounts based on an aging of accounts receivable as shown below. Required: 1. Estimate the amount of uncollectible receivables. 2. Record the adjusting entry for uncollectible accounts on December 31, 2021. (If no entry Is required for a partleuler trensectlon/event, select "No Journel Entry Requlred" In the flrst account fleld.) Journal entry worksheet Record the adjusting entry for Uncollectible Accounts. Note: Enter debits before credits. 3. Calculate net accounts receivable