1. A company has the following aging schedule of its accounts receivable with the estimated percent uncollectible: Age Group Amount Receivable Estimated Percent Uncollectible Not yet due 175,000 4% 0-60 days past due 40,000 10% 61-120 days past due 10,000 30% More than 120 days past due $ 5,000 60% Assuming the balance of Allowance for Uncollectible Accounts is $3,000 (credit) before adjustment, what journal entry would be recorded in the year-end adjusting entry