Based on the following selected data, journalize the adjusting entries as of December 31 of the current year:

Estimated uncollected accounts at December 31, $6940, based on an aging of accounts receivable. The balance of Allowance for Doubtful Accounts at December 31 was $600 (debit).

What is the journal entry? :confused: :confused:

Is the above a question or a demand for an answer? Please provide what you think are the answers first, and why you think they are the correct answers. Maybe then, you will receive help in solving the problems for your homework here.

I repeat an answer from a previous post to you below.



Mshangle, below are the rules and also the link to, for asking homework questions on this site. Please follow them. Please also do not answer questions by using the rating system. If you do use the rating system to respond to questions, you risk being evaluated for your potential to remain a member of this site. Thank you!

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