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21 At the beginning of 20X1, K4w Hospital reported Accounts Receivable $8500 and Allowance for...

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21 At the beginning of 20X1, K4w Hospital reported Accounts Receivable $8500 and Allowance for Uncollectible Accounts $1800 (credit). During 20X1, before recording the year-end adjusting entries, the Hospital recorded credit sales revenue $15000 and wrote off accounts receivable $350. The following balance was reported on December 31, 20X1, before any adjustment: Accounts Receivable = $13000. The Hospital estimates uncollectible accounts based on an aging of accounts receivable as shown below. & 01:03:31 Age Group Not yet due 0-30 days past due More than 30 days past due Amount Estimated Percent Receivable Uncollectible $ 8,000 10% 4,000 20% 1,000 50% $ 13,000 Total Required: Please choose the best answer to the following questions based on the above information. On December 31, 20X1, what is the amount of accounts receivable that the Hospital expects to collect from customers? O $10900 O $10550 O $13000 O $6700 What is the amount of bad debt expense that the Hospital recorded in its December 31, 20X1, adjustment to the allowance account? O $2100 O $300 O $650 O $1750 How much cash did the Hospital collect on Accounts Receivable in 20X1? O $10500 O $10150 O $14650 O $15000

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