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At December 31, 2021, Warm Weather Travel has an Accounts Receivabie balance of $87,000. Allowance for Uncollectible Acoounts has a credit balanco of 5880 before

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At December 31, 2021, Warm Weather Travel has an Accounts Receivabie balance of $87,000. Allowance for Uncollectible Acoounts has a credit balanco of 5880 before the year-end adjustment. Service revenue (all on account) for 2021 was $700,000. Warm Weather estimates that its uncollectible-account expense for the year is 2% of service revenue. Read the reguirement. Make the year-end entry to record uncollectible-account expense, (Record debits first, then credits. Exclude explanations from any joumal entries.) Show how Accounts Receivable and the Allowance for Uncollectible Accounts are reported on the balance sheet at December 31,2021. Requirement 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, 2021

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