brief exercise 5-6 record the adjusting for uncollectible accounts(LO5-5)

Brief Exercise 5-7 Record the adjusting for uncollectible accounts (L05-5) At the end of the year, Mercy Cosmetics' balance of Allowance for Uncollectible Accounts is $670 (debly before adjustment. The balance of Accounts Receivable is $25,700. The company estimates that 14% of accounts will not be collected over the next year What is the adjustment Mercy Cosmetics would 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 field.); View transaction list Journal entry worksheet Record the adjusting entry for Allowance for Uncollectible Accounts. Note: Enter debats before credits Transaction General Journal Debit Credit