Blanc, LLC had the following information at year end prior to any adjustments: Accounts Receivable $56,926 Allowance

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Blanc, LLC had the following information at year end prior to any adjustments: Accounts Receivable $56,926 Allowance for Doubtful Accounts $484 (debit balance) Sales $842,674 Blanc, LLC estimates that 4.5% of accounts receivables will be uncollectible. What amount should be in the adjusting journal entry for bad debts? (Round answers to the nearest whole dollar.)

Posted Date: May 18, 2024 07:03 PM

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Blanc, LLC had the following information at year end prior to any adjustments: Accounts Receivable $56,926 Allowance

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