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The Company's year-end unadjusted trial balance shows accounts receivable of $116,000, allowance for doubtful accounts of $770 (credit), and sales of $450,000. Uncollectibles are estimated

The Company's year-end unadjusted trial balance shows accounts receivable of $116,000, allowance for doubtful accounts of $770 (credit), and sales of $450,000. Uncollectibles are estimated to be 1% of sales. Prepare the December 31 year-end adjusting entry for uncollectibles. View transaction list Journal entry worksheet < 1 Record the estimate of uncollectibles. Note: Enter debits before credits. Date Dec 31 General Journal Debit Credit Journal entry worksheet < 1 Record the estimate of uncollectibles. Note: Enter debits before credits. Date Dec 31 General Journal Debit Credit Record entry Clear entry View general journal

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