At the end of the year, Mercy Cosmetics balance of Allowance for Uncollectible Accounts is $840 (debit) before adjustment. The balance of Accounts Receivable is $27,400. The company estimates that 10% of accounts will not be collected over the next year. What is the adjustment 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 Record the adjusting entry for Allowance for Uncollectible Accounts. Note: Enter debits before credits. General Journal Debit Credit Transaction 1 Record entry Clear entry View general Journal