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What amount should be booked to uncollectible accounts

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The general ledger account for Accounts Receivable shows a debit balance of $890,000. The Allowance for Uncollectible Accounts has a credit balance of $43,000. Net sales for the year were $2,400,000. Looking at an Aging of Accounts Receivable results in an estimate of $54,000 of uncollectible accounts receivable.

Question 1: What amount should be booked (added) to Uncollectible Accounts Expense? Make the journal entry in good form.

Reference no: EM132544809

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