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At December 31, 2018 Wonder of the World Travel has an Accounts Receivable balance of $95.000 Allowance for Uncollectible Accounts has a credit balance of
At December 31, 2018 Wonder of the World Travel has an Accounts Receivable balance of $95.000 Allowance for Uncollectible Accounts has a credit balance of $910 before the year end adjustment Service revenue (all on account for 2018 was $900,000 wonder of the World estimates that its uncollectible-account expenses for the year is 3% of service revenue Read the requirement Make the year-end entry to record uncollectito-account expenso (Recor debuts first, then credits Exclude explanations from any journal entries > Inc Journal Entry Accounts Date Debit Credit (0/2) Dec 31 1. Make the year-end entry to record uncollectible-account expense. Show how Accounts Receivable and Allowance for Uncollectible Accounts are reported on the balance sheet at December 31, 2018
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