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Warner Company's year-end unadjusted trial balance shows accounts receivable of $99,000, allowance for doubtful accounts of $600 (credit), and sales of $280,000. Uncollectibles are estimated

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Warner Company's year-end unadjusted trial balance shows accounts receivable of $99,000, allowance for doubtful accounts of $600 (credit), and sales of $280,000. Uncollectibles are estimated to be 1.5% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles. 2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $300? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the December 31 year-end adjusting entry for uncollectibles. Debit Credit No Date 420,000 1 Dec 31 General Journal Bad debts expense Allowance for doubtful accounts 420,000 Required Required 2 > Warner Company's year-end unadjusted trial balance shows accounts receivable of $99,000, allowance for doubtful accounts of $600 (credit), and sales of $280,000. Uncollectibles are estimated to be 1.5% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles 2. What amount would have been used in the year end adjusting entry if the allowance account had a year-end unadjusted debit balance of $300? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Requirda 2 What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $300? Amount used in the year and adjusting entry $ 420,000

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