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Help Seve At the end of the year, Mercy Cosmetics balance of Allowance for Uncollectible Accounts is $840 (debih before adjustment. The balance of Accounts

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Help Seve At the end of the year, Mercy Cosmetics balance of Allowance for Uncollectible Accounts is $840 (debih before adjustment. The balance of Accounts Receivable is $27,400. The company estimates that 10% 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 1 Record the adjusting entry for Allowance for Uncollectible Accounts Note: Enter debits before credits Transaction 1 General Journal Debit Crec

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