Question: Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Pearl provides services on account of $587.000. Of this amount. $77.000 remains receivable at
Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Pearl provides services on account of $587.000. Of this amount. $77.000 remains receivable at the end of the year. An aging schedule as of December 31, 2021 is provided below Age Group Not yet due 0-90 days past due 91-180 days past due More than 180 days past due Total Amount Receivable $37,000 15,700 10,700 13,600 $77,000 Estimated Percent Uncollectible 45 205 25 sex 2. Record the December 31, 2021, adjusting entry, assuming the balance of Allowance for Uncollectible Accounts before adjustment is $4700 (credit) (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 General Journal Debit Credit December 31, 2021 Picanto Cloncesto LLLL
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