Requlred Information [The following information applies to the questions displayed below.] Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Peari provides services on account of $584.000. Of this amount, $74,000 remains receivable at the end of the year. An aging schedule as of December 31, 2021, is provided below. Estimated Amount Percent Receivable $34,800 15,400 1e,4ee 14, 200 $74,800 Uncollectible Age Group Not yet due e-9e days past due 91-180 days past due More than 18e days past due 20% 25% se Total 3. On July 19. 2022, a customer's account balance of $7,400 is written off as uncollectible. Record the write-off. (If no entry ls required for a particular transaction/event, select "No Journal Entry Required" In the first account fleld.) View transaction list Journal entry worksheet Record write off of actual bad debts. Note: Enter debits before credits. Date General Journal Debit Credit July 19, 2022
Requlred Information [The following information applies to the questions displayed below.] Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Peari provides services on account of $584.000. Of this amount, $74,000 remains receivable at the end of the year. An aging schedule as of December 31, 2021, is provided below. Estimated Amount Percent Receivable $34,800 15,400 1e,4ee 14, 200 $74,800 Uncollectible Age Group Not yet due e-9e days past due 91-180 days past due More than 18e days past due 20% 25% se Total 3. On July 19. 2022, a customer's account balance of $7,400 is written off as uncollectible. Record the write-off. (If no entry ls required for a particular transaction/event, select "No Journal Entry Required" In the first account fleld.) View transaction list Journal entry worksheet Record write off of actual bad debts. Note: Enter debits before credits. Date General Journal Debit Credit July 19, 2022
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Answer the following
![Requlred Informatlon
[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 $584,000. Of this amount, $74,000 remains receivable at the end of the year. An aging schedule as of
December 31, 2021, is provided below.
Estimated
Amount
Percent
Age Group
Not yet due
8-90 days past due
91-189 days past due
More than 18e days past due
Receivable
$34,000
15,400
18,400
14, 200
$74, 000
Uncollectible
4%
20%
25%
se%
Total
3. On July 19, 2022, a customer's account balance of $7,400 is written off as uncollectible. Record the write-off. (If no entry Is
requlred for a particular transactlon/event, select "No Journal Entry Requlred" In the first account fleld.)
View transaction list
Journal entry worksheet
1
>
Record write off of actual bad debts.
Note: Enter debits before credits.
Date
General Journal
Debit
Credit
July 19, 2022](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Faa0ea9ce-59ed-406d-b121-6eea3b015780%2F6a7b7d11-fe8f-4fa5-b051-73f7003764c5%2Foxcvcp6_processed.png&w=3840&q=75)
Transcribed Image Text:Requlred Informatlon
[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 $584,000. Of this amount, $74,000 remains receivable at the end of the year. An aging schedule as of
December 31, 2021, is provided below.
Estimated
Amount
Percent
Age Group
Not yet due
8-90 days past due
91-189 days past due
More than 18e days past due
Receivable
$34,000
15,400
18,400
14, 200
$74, 000
Uncollectible
4%
20%
25%
se%
Total
3. On July 19, 2022, a customer's account balance of $7,400 is written off as uncollectible. Record the write-off. (If no entry Is
requlred for a particular transactlon/event, select "No Journal Entry Requlred" In the first account fleld.)
View transaction list
Journal entry worksheet
1
>
Record write off of actual bad debts.
Note: Enter debits before credits.
Date
General Journal
Debit
Credit
July 19, 2022
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