Warner Company's year-end unadjusted trial balance shows accounts receivable of $116,000, allowance for doubtful account
Posted: Fri Jul 01, 2022 8:51 am
Company's year-end unadjusted trial balance shows accounts receivable of $116,000, allowance for doubtful accounts of $770 (credit), and sales of $450,000 Uncollectibles are estimated to be 1.50% of accounts receivable 1. Prepare the December 31 year-end adjusting entry for uncollectibles
Warner