Business, 20.10.2021 18:30 emilyborland50

Triple Tier Bakery is a locally-owned business offering custom cakes, cupcakes, desserts and wedding cakes. At year end, Triple Tier's balance of Allowance for Uncollectible Accounts is $470 (credit) before adjustment. The Accounts Receivable balance is $18,500. During the next year, Triple Tier estimates that 12% of accounts will be uncollectible. Record the adjustment required for Allowance for Uncollectible Accounts?

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Triple Tier Bakery is a locally-owned business offering custom cakes, cupcakes, desserts and wedding...