Required information

[The following information applies to the questions displayed below.]

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

Credit Sales for 2021$246,000Accounts Receivable, December 31, 202141,000Allowance for Uncollectible Accounts, December 31, 20211,200(Credit)

Required:

1.Record the adjusting entry for uncollectible accounts using the percentage-of-receivables method. Suzuki estimates 11% 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.)