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Triple Tier Bakery is a locally-owned business offering custom cakes, cupcakes, desserts and wedding cakes. At year end, Triple Ter's balance of Allowance for Uncollectible

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Triple Tier Bakery is a locally-owned business offering custom cakes, cupcakes, desserts and wedding cakes. At year end, Triple Ter's balance of Allowance for Uncollectible Accounts is $480 (credit before adjustment. The Accounts Receivable balance is $19,000 During the next year. Triple Tier estimates that 15% of accounts will be uncollectible Record the adjustment required for Allowance 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 adjusting entry for Allowance for Uncollectible Accounts, Note: Enter debits before credits Journal entry worksheet Record the adjusting entry for Allowance for Uncollectible Accounts. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal

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