At December 3 1 , 2 0 1 8 , Wonder of the World Travel has an
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Question:
At December Wonder of the World Travel has an Accounts Receivable balance of $ comma Allowance for Uncollectible Accounts has a credit balance of $ before the yearend adjustment. Service revenueall on account for was $ comma Wonder of the World estimates that its uncollectibleaccount expense for the year is of service revenue.
Make the yearend entry to record uncollectibleaccount expense. Record debits first, then credits. Exclude explanations from any journal entries.
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