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Providence Hospital has the following balances on December 31, 2024, before any adjustment: Accounts Receivable...

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Accounting

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Providence Hospital has the following balances on December 31, 2024, before any adjustment: Accounts Receivable =$52,000; Allowance for Uncollectible Accounts =$1,500 (credit). Providence estimates uncollectible accounts based on an aging of accoun receivable as shown below. Required: 1. Estimate the amount of uncollectible receivables. 2. Record the adjusting entry for uncollectible accounts on December 31, 2024. 3. Calculate net accounts receivable reported in the balance sheet

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