Question: Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Pearl provides services on account of $580,000. Of this amount, $70,000 remains receivable at

 Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021,

Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Pearl provides services on account of $580,000. Of this amount, $70,000 remains receivable at the end of the year. An aging schedule as of December 31, 2021, is provided below. Amount Estimated Percent Age Group Receivable Uncollectible Not yet due $30,000 58 0-90 days past due 15,000 100 91-180 days past due 10,000 More than 180 days past due 15,000 Total $70,000 30 B01 4. On September 30, 2022, the customer whose account was written off in part 3 unexpectedly pays the full amount. Record the cash collection. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list X 1 Record the entry to re-establish account previously written off. 2 Record cash received on account. Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Pearl provides services on account of $580,000. Of this amount, $70,000 remains receivable at the end of the year. An aging schedule as of December 31, 2021, is provided below. Amount Estimated Percent Age Group Receivable Uncollectible Not yet due $30,000 58 0-90 days past due 15,000 100 91-180 days past due 10,000 More than 180 days past due 15,000 Total $70,000 30 B01 4. On September 30, 2022, the customer whose account was written off in part 3 unexpectedly pays the full amount. Record the cash collection. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list X 1 Record the entry to re-establish account previously written off. 2 Record cash received on account

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