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BioWares year-end unadjusted trial balance shows accounts receivable of $18,000 and sales of $290,000. Uncollectibles are estimated to be 2% of sales. Make the December
BioWares year-end unadjusted trial balance shows accounts receivable of $18,000 and sales of $290,000. Uncollectibles are estimated to be 2% of sales. Make the December 31 year-end adjusting entry for uncollectibles using the percent of sales method.
Journal entry worksheet Record the estimate of uncollectibles. Note: Enter debits before credits
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