At the end of the first year of operations, Mayberry Advertising had accounts receivable of $$20,000.$ Management of the company estimates that $10\%$ of the accounts will not be collected.

What adjusting entry would Mayberry Advertising record to establish Allowance for Uncollectible Accounts? $($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first actount field.$)$

Journal entry worksheet

$1$

Record the adjusting entry for Allowance for Uncollectible Accounts.