Problem 5-4A (Algo) Record transactions related to uncollectible accounts (LO5-4, 5-5)Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2024, Pearl provides services on account of $581,000.Of this amount, $71,000 remains receivable at the end of the year. An aging schedule as of December 31, 2024, is provided below.Age GroupNot yet due8 to 90 days pastdue91 to 180 days past.dueMore than 180 days.past dueTotalReq 1Age GroupRequired:1. Calculate the allowance for uncollectible accounts.2. Record the December 31, 2024, adjusting entry, assuming the balance of Allowance for Uncollectible Accounts before adjustment is$4,100 (credit).3. On July 19, 2025, a customer's account balance of $7,100 is written off as uncollectible. Record the write-off.4. On September 30, 2025, the customer whose account was written off in requirement 3 unexpectedly pays the full amount. Recordthe cash collection.Complete this question by entering your answers in the tabs below.Reg 2 to 4Not yet due0 to 90 days past dueCalculate the allowance for uncollectible accounts.EstimatedAmountUncollectible91 to 180 days past dueMore than 180 days past dueTotalReq 1Req 2 to 4View transaction list< 1AmountReceivable$31,00015,10010,10014,800$71,000Complete this question by entering your answers in the tabs below.Journal entry worksheet2EstimatedPercentUncollectibleNote: Enter debits before credits2. Record the December 31, 2024, adjusting entry, assuming the balance of Allowance for Uncollectible Accounts before adjustment is$4,100 (credit).3. On July 19, 2025, a customer's account balance of $7,100 is written off as uncollectible. Record the write-off.4. On September 30, 2025, the customer whose account was written off in requirement 3 unexpectedly pays the full amount. Record thecash collection.(Note: If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)DateSeptember 30, 2025Record entry< Req 1DebitCreditView general journalReq 2 to 4 >>Show less AReq 1Problem 5-4A (Algo) Record transactions related to uncollectible accounts (LO5-4, 5-5)Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2024, Pearl provides services on account of $581,000.Of this amount, $71,000 remains receivable at the end of the year. An aging schedule as of December 31, 2024, is provided below.EstinatedPercentUncollectibleAge GroupNot yet duee to 90 days pastdue91 to 188 days pastMore than 180 dayspast dueTotal<View transaction listComplete this question by entering your answers in the tabs below.Reg 2 to 42. Record the December 31, 2024, adjusting entry, assuming the balance of Allowance for Uncollectible Accounts before adjustment is$4,100 (crec 2025, a customer's account balance of $7.100 is written off as uncollectible. Record the write-off.3. On July 154. On September 30, 2025, the customer whose account was written off in requirement 3 unexpectedly pays the full amount. Record thecash collection.(Note: If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)1Required:1. Calculate the allowance for uncollectible accounts.$4,100 (credio2. Record the December 31, 2024, adjusting entry, assuming the balance of Allowance for Uncollectible Accounts before adjustment is (Note: If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)3. On July 19, 2025, a customer's account balance of $7,100 is written off as uncollectible. Record the write-off.4. On September 30, 2025customer whose account was writtenIn requirement 3 unexpectedly pays the full amount. Recordthe cash collection.Journal entry worksheetNote: Enter debits before credits.DateDecember 31, 2024AmountReceivableRecord entryReg 2 to 4Record the adjusting entry for uncollectible accounts.View transaction list15,10810, 10014,888$71,088Journal entry worksheetComplete this question by entering your answers in the tabs below.4Note: Enter debits before credits.DateSeptember 30, 2025Record entry20%25%General JournalClear entry2. Record the December 31, 2024, adjusting entry, assuming the balance of Allowance for Uncollectible Accounts before adjustment is$4,100 (credit).3. On July 19, 2025, a customer's account balance of $7,100 is written off as uncollectible. Record the write-off.4. On September 30, 2025, the customer whose account was written off in requirement 3 unexpectedly pays the full amount. Record thecash collection.(Note: If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)< Reg 1General JournalClear entryOn September 30, 2025, the customer whose account was writtention.off inrequirement 3 unexpectedly pays theamount. Record the cashDebit CreditView general journalDebitView general journalComplete this question by entering your answers in the tabs below.Show less AReg 12. Record the December 31, 2024, adjusting entry, assuming the balance of Allowance for Uncollectible Accounts before adjustment is$4,100 (credit).3. On July 19, 2025, a customer's account balance of $7,100 is written off as uncollectible. Record the write-off.4. On September 30, 2025, the customer whose account was written off in requirement 3 unexpectedly pays the full amount. Record thecash collection.Req 2 to 4View transaction listJournal entry worksheet<1On July 19, 2025, a customer's account balance of $7,100 is written off asuncollectible. Record the write-off.Note: Enter debits before credits.DateJuly 19, 2025Record entryGeneral JournalClear entry< Req 1DebitCreditView general journalReq 2 to 4 >>Show less A

Allowance for doubtful accounts - is the allowance created against the uncollectible accounts…

Problem 5-4A (Algo) Record transactions related to uncollectible accounts (LO5-4, 5-5) Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2024, Pearl provides services on account of $581,000. of this amount, $71,000 remains receivable at the end of the year. An aging schedule as of December 31, 2024, is provided below. Age Group Not yet due eto 90 days past due 91 to 100 days past due More than 100 days past due Total Amount Receivable 15,100 14,000 Estimated Percent Uncollectible 44 20% Required: 1. Calculate the allowance for uncollectible accounts. 2. Record the December 31, 2024, adjusting entry, assuming the balance of Allowance for Uncollectible Accounts before adjustment is $4,300 (cred 3. On July 19, 2025, a customer's account balance of $7100 is written off as uncollectible. Record the write-off 4. On September 30, 2025, the customer whose account was written off in requirement 3 unexpectedly pays the full amount. Record the cash collection Complete this question by entering your answers in the tabs below.