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    smita406's Avatar
    smita406 Posts: 1, Reputation: 1
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    #1

    Jul 15, 2007, 01:32 PM
    Uncollectible Accounts
    5% of Accounts receivable, $100,000 is estimated to be uncollectible. What would be the Journal entry?
    bhet's Avatar
    bhet Posts: 77, Reputation: 9
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    #2

    Jul 15, 2007, 06:50 PM
    Dr. Doutful accounts exp 5000
    Cr. Allowance for doubtful accounts 5000
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