C$.$st of accounts

Attemots $3$ of $3$ used

$($b$)$

Prepare the adjusting journal entry to record the bad debt provition for the year ended December $31,2027.($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, setect $"$No Entry" for the account titler and enter a for the amounts. List debit entry before credit eniry.$]$

Date Account Titles and Explanation

Debit

Dec.

$31$

eTextbook and Media

List of Accounts

Attempts: $0$ of $3$ used

mpt

Tue, Mar $26,2024$ at $11$:$28$:$53$ PM $($America$/$Detrolt $-04$:$001$

Link to Text

$33\%$

t Attempt in Progress

ing Sign Compary uses the allowance method in accounting for uncollectible accounts. Past experience ates that $6\%$ of accounts receivable will eventually be uncollectible. Selected account balances on imber $31,2026,$ and December $31.2027.$ appear below:

$\backslash$table$[[,\frac{12}{31}\frac{?}{26},\frac{12}{31}\frac{?}{27}$