The ledger of the Wildhorse Company at the end of the current year shows Accounts Receivable of $$223,000.$

$($a$)$

If Allowance for Doubtful Accounts has a credit balance of $$4,400$ in the trial balance and uncollectibles are expected to be $8\%$ of

accounts receivable, journalize the adjusting entry for the end of the period. $($Credit account titles are automatically indented when

the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select $"$No Entry" for the

account titles and enter $O$ for the amounts.$)$

Account Titles and Explanation

Debit

Credit

Bad Debt Expense

Allowance for Doubtful Accounts