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QS 7-8 (Algo) Percent of accounts receivable method LO P3 Warner Company's year-end unadjusted trial...

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image QS 7-8 (Algo) Percent of accounts receivable method LO P3 Warner Company's year-end unadjusted trial balance shows accounts receivable of $100,000, allowance for doubtful accounts of $610 (credit), and sales of $290,000. Uncollectibles are estimated to be 1.50% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles. 2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $350 ? Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the December 31 year-end adjusting entry for uncollectibles

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