Halp Save & Ext Se Check my w 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 $90,000; Allowance for Uncollectible Accounts= $2,000 (debit. The center estimates uncollectible accounts based on an aging of accounts receivable as shown below. Amount Receivable $40,000 Estimated Percent Uncollectible: Age Group 36 Not yet due 5% 0-60 days past due 24,000 15% 61-120 days past due 14,000 25% More than 120 days past due Total 12,000 80% $90,000 Required: 1. Estimate the amount of uncollectible receivables. Age Group Not yet due Estimated Amount Uncollectible 0-60 days past due 61-120 days past due More than 120 days past due < Prev 17 of 24 Next > ASUS D 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.) View transaction list Journal entry worksheet 1 Record the adjusting entry for Uncollectible Accounts. Note: Enter debits before credits Date December 31, 2021 General Journal Debit Credit < Prev 17 of 24 Next > SUS Help Save & Exit Submit Check my work D O 17 ts 3. Calculate net accounts receivable 04:03:52 kipped Book Total Accounts Receivable Net Accounts Receivable Hint erences < Prev 17 of 24 Next >