Question 17 of 39 < > View Policies Current Attempt in Progress - / 3.5 Avett Furniture Store has credit sales of $400,000 in 2021 and a debit balance of $600 in the Allowance for Doubtful Accounts at year end. As of December 31, 2021, $130,000 of accounts receivable remain uncollected. The credit manager prepared an aging schedule of accounts receivable and estimates that $7,000 will prove to be uncollectible. On March 4, 2022, the credit manager authorizes a write-off of the $1,200 balance owed by B. Fernitti. Part 1 Prepare the adjusting entry to record the estimated uncollectible accounts expense in 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer