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1 Warner Company's year - end unadjusted trial balance shows accounts receivable of $ 1 1 8 , 0 0 0 , allowance for doubtful

1
Warner Company's year-end unadjusted trial balance shows accounts receivable of $118,000, allowance for doubtful accounts of $790(credit), and sales of $470,000. Uncollectibles are estimated to be 1.50% of accounts receivable.
Prepare the December 31 year-end adjusting entry for uncollectibles.
What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit
8
balance of $1,250?
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02:58:53
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Required 2
Prepare the December 31 year-end adjusting entry for uncollectibles.
Journal entry worksheet
1
Record the estimate of uncollectibles.
Note: Enter debits before credits.
\table[[Date,General Journal,Debit,Credit],[\table[[December],[31]],,,],[,,,],[,,,],[,,,],[,,,],[,,,]]
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