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Suzuki Supply reports the following amounts at the end of 2021 (before adjustment).

Credit Sales for 2021$242,000 Accounts Receivable, December 31, 2021 37,000 Allowance for Uncollectible Accounts, December 31, 2021 1,000 (Credit)

1. Record the adjusting entry for uncollectible accounts using the percentage-of-receivables method. Suzuki estimates 10% of receivables will not be collected. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

Journal entry worksheet

• Record the adjusting entry for Uncollectible Accounts.

Note: Enter debits before credits.

DateGeneral JournalDebitCreditDecember 31, 2021