Business
Business, 24.03.2020 04:18, kekeke68

Warner Company's year-end unadjusted trial balance shows accounts receivable of $99,000, allowance for doubtful accounts of $600 (credit), and sales of $280,000. Uncollectibles are estimated to be 0.5% of sales.

Prepare the December 31 year-end adjusting entry for uncollectibles.

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