Mercy Hospital has the following balances on December 31,2021 , before any adjustment: Accounts Recelvable =$70,000; Allowance for Uncolfect ble Accounts =$1,400 (credin. Mercy est mates uncolectible accounts based an an aging of accounts recelvable as shown below. Total Receivables by Aging 030 carspant oun Not vet due 3i.90dinipastak More than opders pist ifuer Estimated Percentage Uncollectible by Aging 3. Calculate net accounts teccefvable. 1. Estimate the amount of uncollectible receivables. 2. Record the adjusting entry for uncollectible accounts on December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Mecond the adjusting entry for Uncoliectible Accounts. Mercy Hospital has the following balances on December 31,2021 , before any adjustment: Accounts Recelvable =$70,000; Allowance for Uncolfect ble Accounts =$1,400 (credin. Mercy est mates uncolectible accounts based an an aging of accounts recelvable as shown below. Total Receivables by Aging 030 carspant oun Not vet due 3i.90dinipastak More than opders pist ifuer Estimated Percentage Uncollectible by Aging 3. Calculate net accounts teccefvable. 1. Estimate the amount of uncollectible receivables. 2. Record the adjusting entry for uncollectible accounts on December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Mecond the adjusting entry for Uncoliectible Accounts