Log in

View Full Version : Uncollectible Accounts

smita406
Jul 15, 2007, 01:32 PM
5% of Accounts receivable, $100,000 is estimated to be uncollectible. What would be the Journal entry?
bhet
Jul 15, 2007, 06:50 PM
Dr. Doutful accounts exp 5000
Cr. Allowance for doubtful accounts 5000