(right click + open in new tab for higher resolution image)

During 2018, its first year of operations, a company provides services on account of $257.000 By the end of 2018. cash collections on these accounts total $133.000. The company estimates that 11% of accounts receivable will be uncollectible Record the adjustment Tor uncollectible accounts on December 31 2018 (If no entry is required for a transaction/event. select "No Journal entry required" In the first account field.) Record the adjustment for uncollectible accounts on December 31, 2018