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At the end of the year, Mercy Cosmetics' balance of Allowance for Uncollectible Accounts is $430 (credin 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 $430 (credin before adjustment. The balance of Accounts Receivable is $16,500. The company estimates that 10% of accounts will not be collected over the next year. What adjustment would Mercy Cosmetics 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 fleld.) View transaction list Journal entry worksheet 1 Record the adjusting entry for Allowance for Uncollectible Accounts Note Enter debits before credits Transaction General Journal Debit Credit View general Reede CY

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