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Warner Company s year - end unadjusted trial balance shows accounts receivable of $ 1 0 9 , 0 0 0 , allowance for doubtful

Warner Companys year-end unadjusted trial balance shows accounts receivable of $109,000, allowance for doubtful accounts of $700(credit), and sales of $380,000. Uncollectibles are estimated to be 1% of sales.
Prepare the December 31 year-end adjusting entry for uncollectibles.

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