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At the end of the year, Mercy Cosmetics'hace of Allowance for Uncollectible Account is $600 (credit) before usment The balance of Accounts Receivable is $75.000

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At the end of the year, Mercy Cosmetics'hace of Allowance for Uncollectible Account is $600 (credit) before usment The balance of Accounts Receivable is $75.000 The company estimates that 12% of accounts will not be collected over the next year what smert would Mercy Cosmetics record for towance for Uncollectible Accounts 30 Account DR. 31 adet CR 2,400 12 Allowance for Uncollectable Account 5 2,400 33 14 Ret Receive Allowance for Unclectie AS 35 30 275 38 5 33 40 4 42 43 but now some that the balance of Allowance for Uncollectible Accounts before adjustment is $600 debit) The company stillestimates future uncolle accounts to be 12 of Accounts Receivable. What is the adjustment Mercy Cosmetics would record for Allowance for 44 Uncollectible Account Does the amount of the adjustment differ from 5-7 why? 45 Ar yatile) Allowance for Uncleta Account 45 47 45 49 Account DR CR 50 51 52 53 54 S5 56 97 58 59 60 01 92 At the end of the year, Mercy Cosmetics'hace of Allowance for Uncollectible Account is $600 (credit) before usment The balance of Accounts Receivable is $75.000 The company estimates that 12% of accounts will not be collected over the next year what smert would Mercy Cosmetics record for towance for Uncollectible Accounts 30 Account DR. 31 adet CR 2,400 12 Allowance for Uncollectable Account 5 2,400 33 14 Ret Receive Allowance for Unclectie AS 35 30 275 38 5 33 40 4 42 43 but now some that the balance of Allowance for Uncollectible Accounts before adjustment is $600 debit) The company stillestimates future uncolle accounts to be 12 of Accounts Receivable. What is the adjustment Mercy Cosmetics would record for Allowance for 44 Uncollectible Account Does the amount of the adjustment differ from 5-7 why? 45 Ar yatile) Allowance for Uncleta Account 45 47 45 49 Account DR CR 50 51 52 53 54 S5 56 97 58 59 60 01 92

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