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Accounting. Can you check my work please, will thumbs up if correctly confirm or correctly fix. BioWare's year-end unadjusted trial balance shows accounts receivable of
Accounting. Can you check my work please, will thumbs up if correctly confirm or correctly fix.
BioWare's year-end unadjusted trial balance shows accounts receivable of $23,000 and sales of $340,000. Uncollectibles are estimated to be 2% of sales. Prepare the December 31 year-end adjusting entry for uncollectibles using the percent of sales method. View transaction list Journal entry worksheet 1 Record the estimate of uncollectibles. Note: Enter debits before credits, Date December General Journal Debit 6,800 Bad debts expense 31 Allowance for doubtful accounts Record entry Clear entry Credit 6,800 View general journal
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