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At the end of the year, Mercy Cosmetics' balance of Allowance for Uncollectible Accounts is $ 8 5 0 ( debit ) before adjustment. The

At the end of the year, Mercy Cosmetics' balance of Allowance for Uncollectible Accounts is $850(debit) before adjustment. The balance of Accounts Receivable is $27,500. 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 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.
\table[[Transaction,General Journal,Debit],[1,,],[,,],[,,],[,,],[,,]]
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