Students Home Inbox (1) - vc1046634@ McGraw-Hill Connect Homework: Ch 5 New tab https://newconnect.mheducation.com/flow/connect.html 5 6 Saved Help Required information [The following information...


Students Home<br>Inbox (1) - vc1046634@<br>McGraw-Hill Connect<br>Homework: Ch 5<br>New tab<br>https://newconnect.mheducation.com/flow/connect.html<br>5 6<br>Saved<br>Help<br>Required information<br>[The following information applies to the questions displayed below.]<br>Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Pearl provides services on account of<br>$588,000. Of this amount, $78,000 remains receivable at the end of the year. An aging schedule as of December 31,<br>2021, is provided below.<br>Amount<br>Estimated Percent<br>Receivable<br>$38,000<br>15,800<br>10,800<br>Uncollectible<br>Age Group<br>Not yet due<br>0-90 days past due<br>91-180 days past due<br>More than 180 days<br>past due<br>3%<br>15%<br>20%<br>13,400<br>85%<br>Total<br>$78,000<br>2 Record the December 31, 2021, adjusting entry, assuming the balance of Allowance for Uncollectible Accounts before adjustment is<br>$4,800 (credit. (If no entry is required for a particular transaction/event, select
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Extracted text: Students Home Inbox (1) - vc1046634@ McGraw-Hill Connect Homework: Ch 5 New tab https://newconnect.mheducation.com/flow/connect.html 5 6 Saved Help Required information [The following information applies to the questions displayed below.] Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Pearl provides services on account of $588,000. Of this amount, $78,000 remains receivable at the end of the year. An aging schedule as of December 31, 2021, is provided below. Amount Estimated Percent Receivable $38,000 15,800 10,800 Uncollectible Age Group Not yet due 0-90 days past due 91-180 days past due More than 180 days past due 3% 15% 20% 13,400 85% Total $78,000 2 Record the December 31, 2021, adjusting entry, assuming the balance of Allowance for Uncollectible Accounts before adjustment is $4,800 (credit. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) < prev="" 7="" 8="" 9="" of="" 16="" e="" next=""> ere to search hp s米 fs f6 f1o fii 112 17 f8 & 3 00 %24

Jun 09, 2022
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