Introduction to Accounting An Integrated Approach Eighth Edition Chapter 9 E10.7

.7 Carpenter Company estimated uncollectible accounts expense for the year ended June 30 , 2010 , at $4,500. During July 2010 , Carpenter identified the Wong account as uncollectible and wrote off the balance of $375. Give the journal entries to record these events. What is the effect of each entry on net accounts receivable