At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $23,000. By the end of the year, actual bad debts total $27,000. Required: 1. Record the write-off to uncollectible accounts. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

2. What is the balance of Allowance for Uncollectible Accounts? \begin{tabular}{|c|c|c|c|} \hline Transaction & General Journal & Debit & Credit \\ \hline 1 & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular}