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From the images you uploaded, it seems you are working on an accounting problem involving journal entries and adjustments for uncollectible accounts. Let me walk through the key elements.

### **1st Image Analysis (Ledger Balances):**

- **Cash:**
  - Debit (Dec 31, 2024): $10,780
  - Balance: $34,380
- **Accounts Receivable:**
  - Starting balance: $47,500
  - Debits: $19,000 and $11,000
  - Credits: $6,300
  - Balance: $49,200
- **Allowance for Uncollectible Accounts:**
  - Starting balance: $4,600 (Credit)
  - Credit: $6,300
  - Ending balance: $-1,700
- **Notes Receivable:**
  - Balance: $34,000

### **2nd Image Analysis (Journal Entry Worksheet):**

The task asks you to estimate that **10%** of the balance of **Accounts Receivable** will not be collected, and you are required to record an adjusting entry for uncollectible accounts.

### **Steps for Adjusting Entry:**
1. **Calculate 10% of the Accounts Receivable balance:**
   - Balance in Accounts Receivable after transactions = **$49,200**
   - 10% of $49,200 = **$4,920** (this will be the estimated uncollectible accounts).

2. **Adjusting Entry for Uncollectible Accounts:**
   - **Bad Debt Expense** (Debit): $4,920
   - **Allowance for Uncollectible Accounts** (Credit): $4,920

Now, your journal entry for **December 31, 2024** will be:
- Debit: **Bad Debt Expense** $4,920
- Credit: **Allowance for Uncollectible Accounts** $4,920

### Summary:
Your adjusting entry will reflect an increase in the allowance for uncollectible accounts by $4,920, which reduces the net realizable value of accounts receivable.

Would you like further clarification on any part of this process, or more details?

Here are 5 related questions:
1. How does the allowance for uncollectible accounts affect the income statement?
2. What is the impact of writing off an uncollectible account on net income?
3. How do you calculate the net realizable value of accounts receivable after the adjustment?
4. What is the difference between a direct write-off and the allowance method?
5. How does the bad debt expense affect financial ratios like the current ratio?

**Tip:** Always ensure that adjusting entries are recorded at the end of the accounting period to ensure financial statements reflect accurate liabilities and expenses.

Estimate that 10% of the balance of accounts receivable (after transactions in requirement 1) will not be collected. Record the adjusting entry for uncollectible accounts on December 31, 2024.

Learn how to estimate and record the adjusting entry for uncollectible accounts using the allowance method. In this scenario, 10% of the accounts receivable balance of $49,200 is estimated to be uncollectible, leading to a journal entry involving Bad Debt Expense and Allowance for Uncollectible Accounts.

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