On December 31, 20X1, before adjusting entries, the balances of selected accounts of the Battlefield Equipment Company were as follows: Accounts Receivable Allowance for Uncollectible Accounts (debit balance) The company has determined that historically about 3.6 percent of accounts receivable are never collected and uses this basis to determine its bad debts provision. $ 913,000 1,300 debit Required: Compute the estimated amount of uncollectible accounts and prepare the journal entry to record the company's estimated loss from uncollectible accounts on December 31. Complete this question by entering your answers in the tabs below. Uncollect Accounts General Journal Compute the estimated amount of uncollectible accounts. Note: Round your "Estimated uncollectible account rate" to 3 decimal places, i.e. 1.2% should be entered as 0.012. -

On December 31, 20X1, before adjusting entries, the balances of selected accounts of the Battlefleid Equipment Company were as follows Accounts Receivable Allowance for Uncollectible Accounts (debit balance) 5913,eee1,300debit The company has determined that historically about 3.6 percent of accounts recelvatife are never coliected and uses this basis to determine its bad debts provision. Required: Compute the estimated amount of uncollectible accounts and prepare the journal entry to record the company's estimated loss from uncolfectible accounts on December 31 Complete this question by entering your answers in the tabs below. Compute the estimated amount of uncollectible accounts. Note: Round your "Estimated uncollectible account rate" to 3 decimal places, i.e. 1.2% should be entered as 0.012. Journal entry worksheet Record the journal entry to record the provision for uncollectible accounts. Note: Enter debits betore credits. Complete this question by entering your answers in the tabs below. Compute the estimated amount of uncollectible accounts. Note: Round your "Estimated uncollectible account rate" to 3 decimal places, i.e. 1.2% should be entered as 0.012