Question: its saying its incomplete which i dont know why. help? its missing this Warner Company's year-end unadjusted trial balance shows accounts receivable of $109,000, allowance
Warner Company's year-end unadjusted trial balance shows accounts receivable of $109,000, allowance for doubtful accounts of $700 (credit), and sales of $380,000. Uncollectibles are estimated to be 1.50% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles View transaction list View journal entry worksheet Debit Credit No Date Dec 31 935 1 General Journal Bad debts expense Allowance for doubtful accounts 935 Juurital en Y Winteet 1 Record the estimate of uncollectibles. Noge: Enter debits before credits Credit Date Dec 31 General Journal Bad debts expense Allowance for doubtful accounts Debit 935 935 Record entry Clear entry View general Journal 2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $800? Amount used in the year and adjusting entry
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