Business, 18.10.2019 01:20 briannasineiro7937

At the end of the year, mercy cosmetics’ balance of allowance for uncollectible accounts is $400 (credit) before adjustment. the balance of accounts receivable is $15,000. the company estimates that 10% of accounts will not be collected over the next year. what adjustment would mercy cosmetics record for allowance for uncollectible accounts? (if no entry is required for a particular transaction/event, select "no journal entry required" in the first account field.)

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At the end of the year, mercy cosmetics’ balance of allowance for uncollectible accounts is $400 (cr...

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