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Warner Company's year-end unadjusted trlal balance shows accounts recelvable of $101,000, allowance for doubtful accounts of $620 (credit), and sales of $300,000. Uncollectibles are estimated
Warner Company's year-end unadjusted trlal balance shows accounts recelvable of $101,000, allowance for doubtful accounts of $620 (credit), and sales of $300,000. Uncollectibles are estimated to be 1.50% of accounts recelvable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles. View transaction ist Journal entry worksheet
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