Accounts receivable shows a balance of

50,000. It is estimated that 15% of this is

uncollectible. Give the adjusting journal entry
on Dec. 31, 2018. (50,000 x .15 = 7,500)
Dec. 31 – Bad Debts/Uncollectible
Accounts/Doubtful Accounts Expense – 7,500
Allowance for Bad Debts/Uncollectible
Accounts/Doubtful Accounts – 7,500

Accounts Receivable shows a balance of

35,000. It is estimated that 10% of this is
uncollectible. Allowance for Bad Debts per
the general ledger has a balance of 3,000.
Give the adjusting journal entry on Dec. 31,
2018 – 3,500 as uncollectible accounts
(3,500 – 3,000)
Dec. 31 – Bad Debts Expense – 500
Allowance for Bad Debts - 500
To record the estimated bad debts amount

Accounts Receivable has a balance of 50,000.

It is estimated that 10% of this is
uncollectible. Allowance for bad debts has a
balance of 1,500. Give the adjusting entry at
the end of the period.
Dec. 31 – Bad Debts Expense – 3,500
Allowance for Bad Debts - 3,500