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
|
Cr.
|
|
Sales Discounts
|
23,408
|
Dr.
|
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).