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Business, 19.07.2019 11:30 ghaithalhamdani

Acompany has $321,000 in credit sales. the company uses the allowance method to account for uncollectible accounts. the allowance for doubtful accounts now has an $8,150 debit balance. if the company estimates 5% of credit sales will be uncollectible, what will be the amount of the journal entry to record estimated uncollectible accounts?

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Acompany has $321,000 in credit sales. the company uses the allowance method to account for uncollec...

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