Warner Company's year-end unadjusted trial balance shows accounts receivable of $99,000, allowance for doubtful accounts of $600 (credit), and sales of $140,000. Uncollectibles are estimated to be 1% of sales. Prepare the December 31 year-end adjusting entry for uncollectibles.

Bad debt expense Dr ($140,000 × 1%) $1,400

         To Allowance for doubtful debts $1,400

(Being the bad debt expense is recorded)

Step-by-step explanation:

The adjusting entry is shown below:

Bad debt expense Dr ($140,000 × 1%) $1,400

         To Allowance for doubtful debts $1,400

(Being the bad debt expense is recorded)

Here the bad debt expense is debited as it increased the expenses and credited the allowance for doubtful debts as it decreased the assets

question 1 is 8, question 2 is 9, question 3 is 24

step-by-step explanation:

now, the numbers they give you at the top are the key. from there, you just have to plug and chug! let's try 1, 2, and 3!

key: a=3, b=5, c=6

1. a+5

remember, a=3, so we plug that in to get 3+5=8

2. 15-c

c=6, so we plug that in to get 15-6=9

3. 4b

b=6, so we plug it in to get 4*6=24

time to try the rest on your own! if you put the answers below in a comment, i'll check them for you!

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