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At the end of the year, Mercy Cosmetics' balance of Allowance for Uncollectible Accounts is $640 (debvi) before adjustment. The balance of Accounts Receivable is

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At the end of the year, Mercy Cosmetics' balance of Allowance for Uncollectible Accounts is $640 (debvi) before adjustment. The balance of Accounts Receivable is $25,400. The company estimates that 11% of accounts will not be collected over the next year What is the adjusting entry Mercy Cosmetics would record for Allowance for Uncollectible Accounts? (If no entry is required for o particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the adjusting entry for Allowance for uncollectible Accounts. Notes Enter debits before credits

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