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At the end of the year, Syer Associates had a debit balance in its allowance for uncollectible accounts of $ 1 1 , 0 0

At the end of the year, Syer Associates had a debit balance in its allowance for uncollectible accounts of $11,000 before adjustment The balance in Syer's gross accounts receivable is $652,000. Syer's management estimates that 3% of its accounts receivable balance will not be collected What journal entry should Syer record to adjust its allowance for uncollectible accounts? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 Record the adjustment to the allowance for uncollectible accounts. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal
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