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Warner Companys year-end unadjusted trial balance shows accounts receivable of $119,000, allowance for doubtful accounts...

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Accounting

Warner Companys year-end unadjusted trial balance shows accounts receivable of $119,000, allowance for doubtful accounts of $800 (credit), and sales of $480,000. Uncollectibles are estimated to be 1% of sales. Prepare the December 31 year-end adjusting entry for uncollectibles.

Note: Enter debits before credits.

Date General Journal Debit Credit
December 31

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