Business, 17.06.2020 19:57 Jasten

At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $15,000. By the end of the year, actual bad debts total $17,000. Required:
1. Record the write-off to uncollectible accounts.
Transaction General Journal Debit Credit
2. Following the write-off, what is the balance of Allowance for Uncollectible Accounts?

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At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $15...

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