Question: Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Pearl provides services on account of $582,000. Of this amount, $72,000 remains receivable

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

Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Pearl provides services on account of $582,000. Of this amount, $72,000 remains receivable at the end of the year. An aging schedule as of December 31, 2021, is provided below. Estimated Age Group Amount Receivable. Percent Uncollectible Not yet due $32,000 4 0-90 days past due 15,200 158 91-180 days past due 10,200 20% More than 180 days past due 14,600 85 Total $72,000 3. On July 19, 2022, a customer's account balance of $7,200 is written off as uncollectible. Record the write-off. (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 write off of actual bad debts. Note: Enter debits before credits.. Date July 19, 2022 General Journal Debit Credit

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