At the end of the first year of operations, Mayberry Advertising had accounts receivable of $$21,600.$ Management of the company

estimates that $8\%$ 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 account field.$)$

Journal entry worksheet

$1$

Record the adjusting entry for Allowance for Uncollectible Accounts.

Note: Enter debits before credits.