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andwer this please asap 5. Belfair Clinic uses the allowance method...

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Accounting

andwer this please asap
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5. Belfair Clinic uses the allowance method to account for its uncollectible accounts. It has the following balances on December 31, 2022 before any adjusting entries: Accounts Receivable =$200,000 Allowance for Uncollectible Accounts =$18,000 (credit) The clinic estimates uncollectible accounts to be 25% of Accounts Receivable. What year-end adjustment (adjusting entry) should be made for uncollectible accounts

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