Transcribed Image Text: 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
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Journal entry worksheet
Record the adjusting entry for Uncollectible Accounts.
Note: Enter debits before credits.
December 31, 2021 Transcribed Image Text: 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.
Not yet due
0-90 days past due
91–180 days past due
More than 180 days past due