Prepare a journal entry

The trial balance before adjustment for Brady Corp. reports the following balances: Accounts Receivable Allowance for uncollectible Accounts Sales (all on credit) Sales Returns and Allowances Debit soo,ooo 20,000 Date Credit 520,000 Date Account Title Account Title Debit Debit Credit Credit A B Prepare the journal entry at 12-31 for estimated bad debts assuming that uncollectible accounts are expected to be of gross accounts receivable. Assume that all the information above is the same except that the Allowance for uncollectibe Accounts has a debit balance of S 1,000