At December 31, before adjusting and closing the accounts had occurred, the Allowance for Impairment of Seaboard Corporation showed a debit balance of $3,200. An aging of the accounts receivable indicated the amount probably uncollectible to be $2,100. Under these circumstances, a year-end adjusting entry for uncollectible accounts expense would include a:

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The Allowance for Impairment account needs to be adjusted to reflect the probable uncollectible amount of $2,100. Since it currently has a debit balance of $3,200, an additional $5,300 is needed to bring it to a credit balance of $2,100. Therefore, a debit to Uncollectible Accounts Expense of $5,300 is required.

At December 31, Before Adjusting and Closing the Accounts Had