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Kirchhoff Industries has computed that the proper balance for the Allowance for Doubtful Accounts at August...

Kirchhoff Industries has computed that the proper balance for the Allowance for Doubtful Accounts at August 31 is $135,564 Assume that the allowance for doubtful accounts for Kirchhoff Industries has a credit balance of $6,757 before adjustment on August 31.
Journalize the adjusting entry for uncollectible accounts as of August 31. Refer to the Chart of Accounts for exact wording of account titles.

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Kirchhoff Industries
Particulars Amount $
Proper balance for the Allowance for Doubtful Accounts 135,564.00
Less: Credit balance in the Allowance for Doubtful Accounts        6,757.00
Bad debt expense for the period 128,807.00
Journal Entry
Particulars Debit $ Credit $
Bad debt expense 128,807.00
Allowance for Doubtful Accounts 128,807.00
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