Homework Answers
| Event | General Journal | Debit | Credit |
| 1 | Bad debt Expense | $6,330 | |
| ...Allowance for Uncollectible Accounts | $6,330 | ||
| (To Record the Bad debt Expense) | |||
Explanation
Allowance for Uncollectible Accounts = ($281,000*3%) - $2,100
= $6,330
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