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During its first year of operations, Wildhorse Company had credit sales of $3,535,200;$660,100 remained uncollected at year-end. The credit manager estimates that $43,600 of these

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During its first year of operations, Wildhorse Company had credit sales of $3,535,200;$660,100 remained uncollected at year-end. The credit manager estimates that $43,600 of these receivables will become uncollectible. (a) Prepare the journal entry to record the estimated uncollectibles. (Credit account titles are outomatically indented when amount is entered, Do not indent manually.)

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