1). Warner Companys year-end unadjusted trial balance shows accounts receivable of $117,000, allowance for doubtful accounts of $780 (credit), and sales of $460,000. Uncollectibles are estimated to be 1.50% of accounts receivable. A. Prepare the December 31 year-end adjusting entry for uncollectibles.

2)Warner Companys year-end unadjusted trial balance shows accounts receivable of $103,000, allowance for doubtful accounts of $640 (credit), and sales of $320,000. Uncollectibles are estimated to be 1% of sales. A. Prepare the December 31 year-end adjusting entry for uncollectibles.