18-19. At the end of the year, a company reports a balance in its Allowance for Uncollectible Accounts of $1,700 (credit) before any year-end adjustment. The company estimates future uncollectible accounts to be 4% of credit sales for the year. A/R for the year total $580,000. Record the adjustment for the allowance for uncollectible accounts using the percentage-of-receivables method. Date Account Debit Credit