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On April 30. Precise Party Planners had a $43,000 balance in Accounts Receivable and a $2,077 credit balance in Allowance for Uncollectible Accounts. During May,

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On April 30. Precise Party Planners had a $43,000 balance in Accounts Receivable and a $2,077 credit balance in Allowance for Uncollectible Accounts. During May, Precise made credi sales of $193,000. May collections on account were $170,000, and write-offs of uncollectible receivables totaled $2.910. Uncollectible-accounts expense is estimated as 3% of credit sales. No sales returns are expected. Ignore cost of goods sold Read the recrements Requirement 1 Journalize sales collections wite-ots of uncollectibles, and uncollectible account expense by the allowance method during May Explanations are not required (Record debits first, then credits Exclude explanations from any journal entries) (a) Degin by recording the journal entry for May sales Journal Entry Choose from any list or enter any number in the input fields and then continue to the next

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