Question: Current Attempt in Progress Martin Computer Store has credit sales of $ 4 0 4 , 0 0 0 in 2 0 2 4 and

 Current Attempt in Progress Martin Computer Store has credit sales of

Current Attempt in Progress
Martin Computer Store has credit sales of $404,000 in 2024 and a debit balance of $500 in the Allowance for Doubtful Accounts at year-end. As of December 31,2024, $125,000 of accounts receivable remains uncollected. The credit manager of Martin prepared an aging schedule of accounts receivable and estimates that $8,800 will prove to be uncollectible.
On March 4,2025 the credit manager authorizes a write-off of the $1,900 balance owed by J. Donald.
(a)
Prepare the adjusting entry to record the estimated uncollectible accounts expense in 2024.(Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Account Titles and Explanation
Debit
Credit
$404,000 in 2024 and a debit balance of $500 in the Allowance

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