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View Full Version : What are my adjusting entries for Allowance Uncollectible Accounts?


joeyallen11270
Oct 26, 2010, 09:22 PM
My company has determined that the balance in Accounts Receivable in the amount of $6,500 will not be collected. The Allowance for Uncollectible Accounts account has a credit balance of $2,000 before any adjustments have been made. What adjusting entries do I need to make to show the $6,500 will not be collected?