Asked by CAW
A company has $314,000 in credit sales. The company uses the allowance method to account for uncollectible accounts. The allowance for doubtful accounts now has a $1,890 debit balance. If the company estimates that $8,160 of accounts will be uncollectible based on an aging of accounts receivable, what will be the amount of the journal entry to record estimated uncollectible accounts?
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