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At the end of the first year of operations, Mayberry Advertising had accounts receivable of...

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Accounting

At the end of the first year of operations, Mayberry Advertising had accounts receivable of $20,400. Management of the company estimates that 11% of the accounts will not be collected.
What adjusting entry would Mayberry Advertising record to establish Allowance for Uncollectible Accounts? (If no entry is required fo a particular transaction/event, select "No Journal Entry Required" in the first account field.)
Journal entry worksheet
1
Record the adjusting entry for Allowance for Uncollectible Accounts.
Note: Enter debits before credits.
\table[[Transaction,General Journal,Debit,Credit],[1,,,],[,,,],[,,,],[,,,],[c,,,],[,,,]]
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