q2 chapter 8 financial accounting

The account balances of Oriole Companv at December 31:2024, the end of the current year, show Acceunts Reccivable $147,000 : Allowance for Doubtful Accounts $1.800 icredit): Sales $1,173,400; Sales Returns and Allowances $50,000; and 5 ales Discounts $16,400. (a) Record the adjusting entry at December 31,2024 mssuming uncollectible accounts are estimated to be 10 se of accounts receivable. (Credit account tities are autematicaliy indented when the amount is entered. Do not indent manualiy, 11 no entry bs required, select "No Entry" for the account tities and enter o for the amounts. List debit entry before credit entry! The account balances of Oriole Companv at December 31:2024, the end of the current year, show Acceunts Reccivable $147,000 : Allowance for Doubtful Accounts $1.800 icredit): Sales $1,173,400; Sales Returns and Allowances $50,000; and 5 ales Discounts $16,400. (a) Record the adjusting entry at December 31,2024 mssuming uncollectible accounts are estimated to be 10 se of accounts receivable. (Credit account tities are autematicaliy indented when the amount is entered. Do not indent manualiy, 11 no entry bs required, select "No Entry" for the account tities and enter o for the amounts. List debit entry before credit entry