Uli Limited's general ledger reports a balance in Accounts Receivable of $$365,000$ at the end of December.

$($a$)$

Assuming that Allowance for Expected Credit Losses has a credit balance of $$4,800$ before adjustment and that uncollectible accounts are determined to be $$36,500$ by aging the accounts, record the adjusting entry at December $31.("$List debit entry before credit entry. Credit account tilles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts.$)$

Date Account Titles and Explanation

Dec. $31$

Debit

Credit