Mercy Hospital has the following balances on December 31, 2015, before any adjustment: Accounts Receivable = $51,000

Mercy Hospital has the following balances on December 31, 2015, before any adjustment: Accounts Receivable = $51,000; Allowance for Uncollectible Accounts = $1,400 (credit). Mercy estimates uncollectible accounts based on an aging of accounts receivable as shown below.

Age Group		Amount Receivable	Estimated Percent Uncollectible
Not yet due		$ 31,000	10%
0 – 30 days past due		9,100	15%
31 – 90 days past due		6,100	45%
More than 90 days past due		4,800	85%
Total		$ 51,000
Required:
1.	Estimate the amount of uncollectible receivables.

2.	Record the adjustment for uncollectible accounts on December 31, 2015. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Physicians' Hospital has the following balances on December 31, 2015, before any adjustment: Accounts Receivable = $48,000

Physicians' Hospital has the following balances on December 31, 2015, before any adjustment: Accounts Receivable = $48,000; Allowance for Uncollectible Accounts = $1,000 (credit). On December 31, 2015, Physicians' estimates uncollectible accounts to be 20% of accounts receivable.

Required:
1.	Record the adjustment for uncollectible accounts on December 31, 2015. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

2.	Determine the amount at which bad debt expense is reported in the income statement and the allowance for uncollectible accounts is reported in the balance sheet.