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At the end of the first year of operations, Mayberry Advertising had accounts receivable of $21,800. Management of the company estimates that 10% of the

At the end of the first year of operations, Mayberry Advertising had accounts receivable of $21,800. Management of the company estimates that 10% of the accounts will not be collected.

What adjustment would Mayberry Advertising record to establish Allowance for Uncollectible Accounts?

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View transaction list Journal entry worksheet Record the adjusting entry for Allowance for Uncollectible Accounts. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal ME

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