Here is the problem I have in an accounting class:

At September 30, 2012, the accounts of Moutain Terrace Medical Center (MTMC) include the following:

Accounts Receivable $145,000
Allowance for uncollectible accounts (credit balance) $3,500

During the last qtr of 2012, MTMC completed the following selected transactions:
Dec. 28: Wrote off accounts receivable as uncollectible: $1,300, $900, and $700
Dec. 31: Recorded uncollectible account expense based on the aging of accounts receivable, as follows:

Age of Accounts

Accounts Receivable 1-30 Days 31-60 Days 61-90 Days Over 90 Days
$165,000 $97,000 $37,000 $14,000 $17,000

Estimated %
Uncollectible 0.3% 3% 30% 35%

Part 1: Journalize the transactions using the allowance method

Part 2: Open the allowance for uncollectible accounts T-accounts, and post entires affecting that account. Keep a running balance

Part 3: Show how MTMC should report net accounts receivable on its Dec, 31 2012 balance sheet. Use the three line reporting format

Somebody please help!

Thank you,

Tim Burton

What help do you need the questions are straightforward