Prepare the adjusting journal entry to record credit losses at June $30$ assuming that Pukalani's allowance for expected credit

losses had a credit balance of $$12340$ before adjustment. $($List debit entry before credit entry. Credit account titles are automatically

indented when the amount is $15$ entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for

E

the amounts.$)$

Date

Account Titles and Explanation

Debit

Credit

June $30$