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c . Record the adjusting entry required on December 3 1 , 2 0 2 4 , to estimate uncollectible recelvables, assuming it is based

c. Record the adjusting entry required on December 31,2024, to estimate uncollectible recelvables, assuming it is based on 3.5% of recelvables.
Journal entry worksheet
1
Record the estimate for uncollectible accounts.
Note: Enter debits before credits.
\table[[Date,General Journal,Debit,Credit],[December 31,2024,Bad debt expense,,],[,Allowance for doubtful accounts,,],[,,,],[,,,],[,,,],[,,,]]
d. Show how accounts recelvable would appear on the December 31,2024, balance sheet.
\table[[Partial Balance sheet,],[Assets,,],[Current assets,,],[Accounts receivable,,],[Less: Allowance for doubtful accounts,,]]
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