Acompany has $ 235 comma 000 in credit sales. the company uses the allowance method to account for uncollectible accounts. the allowance for doubtful accounts now has a $ 7 comma 570 credit balance. if the company estimates 6% of credit sales will be uncollectible, what will be the amount of the journal entry to record estimated uncollectible accounts?

$14,100

Explanation:

The computation of the amount record estimated uncollectible accounts are shown below:

= Credit sales × estimated percentage

= $235,000 × 6%

= $14,100

We simply multiply the credit sales with the estimated percentage so that the accurate amount can come

The journal entry is shown below:

Bad debt expense A/c Dr  $14,100

  To Allowance for doubtful debts  $14,100

(Being the adjusting entry is recorded)

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.