Warner Company's year-end unadjusted trial balance shows accounts receivable of $114,000, allowance for doubtful accounts of $750 (credit), and sales of $430,000. Uncollectibles are estimated to be 150% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles 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 $1,050? Complete this question by entering your answers in the tabs below. 02:37.50 Required 1 Required 2 Prepare the December 31 year-end adjusting entry for uncollectibles. View transaction list Journal entry worksheet < 1 Record the estimate of uncollectibles. Help Save & Exit 4
