Question: c . Record the adjusting entry required on December 3 1 , 2 0 2 4 , to estimate uncollectible receivables, assuming it is based

c. Record the adjusting entry required on December 31,2024, to estimate uncollectible receivables, assuming it is based on 3.5% of receivables.
During 2024, credit sales were $565,500 and ( cost of sales $370,450) sales discount of 11000
were taken acconts recievable $ 403,300 were collected and accountaccounts written off during the year totalled of $ 9200
\table[[],[]]
d. Show how accounts receivable would appear on the December 31,202
Answer is complete but not entirely correct.
Partial Balance sheet
\table[[Partial Balance sheet],[Assets,,,],[Current assets:,,,],[Accounts receivable,0s,$556,300,],[\table[[Less: Allowance for doubtful],[accounts]],(,19,472$,$ 575,771x
 c. Record the adjusting entry required on December 31,2024, to estimate

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