22 Dec During its first year of operation in 2014, Browne
During its first year of operation in 2014, Browne Sales Corporation made most of its sales on credit. At the end of the year, accounts receivable amounted to $199,000. On December 31, 2014, management reviewed the collectible status of the accounts receivable. Approximately $16,500 of the $199,000 of accounts receivable were esti- mated to be uncollectible. What adjusting entry would be made December 31, 2014?