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Warner Company's year-end unadjusted trial balance shows accounts recelvable of $119,000, allowance for doubtful accounts of $800 (credit), and sales of $480,000. Uncoliectibles are estimated
Warner Company's year-end unadjusted trial balance shows accounts recelvable of $119,000, allowance for doubtful accounts of $800 (credit), and sales of $480,000. Uncoliectibles are estimated to be 1.50% of accounts recelvable. 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 $1,300 ? Complete this question by entering your answers in the tabs below. Prepare the December 31 year-end adjusting entry for uncollectibles. Journal entry worksheet Note: fnter debits before credns
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