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QS 7-7 Percent of accounts receivable method LO P3 Warner Company's year-end unadjusted trial balance shows accounts receivable of $108,000, allowance for doubtful accounts of

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QS 7-7 Percent of accounts receivable method LO P3 Warner Company's year-end unadjusted trial balance shows accounts receivable of $108,000, allowance for doubtful accounts of $690 (credit), and sales of $370,000. Uncollectibles are estimated to be 1.50% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles View transaction list Journal entry worksheet 1 Record the estimate of uncollectibles Note: Enter debits before credits Date General Journal Debil Credit Dec 31 Record entry Clear entry View general journal 2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $750? Aroused in the orond ning

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