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Accounting for Doubtful Accounts December 3 1 . Accounts Receivable has a balance of $ 2 5 6 , 0 0 0 , and the

Accounting for Doubtful Accounts
December 31. Accounts Receivable has a balance of $256,000, and the Allowance for Doubtful Accounts has a credit balance of $1,000 before adjustment at December 31.
What is the December 31 adjusting entry to provide for credit losses?
What is the net amount of accounts receivable that should be included in current assets?
$
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