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A company shows the following account balances on December 31:
Accounts Receivable
$484,880
Dr.
Allowance for Uncollectible Accounts
18,262
Cr.
Sales
723,614
Sales Discounts
23,408
The company then wrote off $8,861 of accounts receivable. The Allowance for Uncollectible Accounts is then adjusted to 9% of the outstanding receivables. The amount of the adjusting entry to record uncollectible accounts expense is: Answer to nearest whole dollar without any commas or decimal points eg. 1000 not 1,000.00 Enter a negative number as -10 not (10).
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