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[The following information applies to the questions displayed below.] At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $14,500. By the end of the year, actual bad debts total $16,000. 1. Record the write-off to uncollectible accounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the write-off to uncollectible accounts. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 16.000 Allowance for uncollectible accounts Accounts receivable 16,000 ! Required information [The following information applies to the questions displayed below.] At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $14,500. By the end of the year, actual bad debts total $16,000. 2. Following the write-off, what is the balance of Allowance for Uncollectible Accounts? (Enter the amount as a positive value.) Allowance for uncollectible accounts Credit $ (1,500)