Question: please solve this journal entry Check my work Selected unadjusted account balances at December 31, 2020, are shown below for Demron Servicing Account Debit Credit

please solve this journal entry

Check my work Selected unadjusted account balances at December 31, 2020, are shown below for Demron Servicing Account Debit Credit Accounts receivable $62,000 Allowance for doubtful accounts 980 Sales (all on credit) 428, 060 Sales discounts 6,080 Required: a. Assume that Demron estimates uncollectible accounts as 2% of receivables. Prepare the adjusting entry required on Decem 31, 2020 to estimate uncollectible receivables

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