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Tanning Company analyzes its receivables to estimate uncollectible accounts. The accounts receivable balance is $ 2 8 4 , 0 0 0 and credit sales

Tanning Company analyzes its receivables to estimate uncollectible accounts. The accounts receivable balance is $

284, 000

and credit sales are $

1, 000, 000 .

An aging of accounts receivable estimates that $

14, 200

of the outstanding receivables will be uncollectible. What adjusting entry will Tanning Company make if Allowance for Doubtful Accounts has a credit balance of $

1, 200

before adjustment?

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