Question: Wecker company's year end unadjusted trial balance show account receivable of $89000. allowance for doubtful accounts of $500 (credit) and sale of $270000. uncollectible are estimated to be 1.5%of account receivable.
1. Prepared the December 31 year-end adjusting entry for uncollectibles.
2. What amount would have been use in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of 200$.