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Assume the following information for Teal Mountain Corp. Uncollectible accounts are expected to be 6% of the ending balance in accounts receivable. Prepare the entry

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Assume the following information for Teal Mountain Corp. Uncollectible accounts are expected to be 6% of the ending balance in accounts receivable. Prepare the entry to record bad debt expense for the period. (List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)

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