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TB EX Qu. 5-211 At the end of the year... At the end of the year, a company has a balance in Allowance for
TB EX Qu. 5-211 At the end of the year... At the end of the year, a company has a balance in Allowance for Uncollectible Accounts of $270 (credit) before any year-end adjustment. The balance of Accounts Receivable is $15,200. The company estimates that 15% of accounts receivable will not be collected over the next year. Record the adjustment for uncollectible accounts. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 Record the adjustment for uncollectible accounts. Note: Enter debits before credits. Event 1 General Journal Debit Credit Record entry Clear entry View general journal
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