(2) Accounting for uncollectible accounts using the allowance method and reporting receivables on the balance sheet [15-20 min] At September 30, 2012, Windy Mountain Flagpoles had Accounts receivable of $34,000 and Allowance for uncollectible accounts had a credit balance of $3,000. During October 2012, Windy Mountain Flagpoles recorded the following: - Sales of $189,000($165,000 on account; $24,000 for cash). - Collection'on'account, $133,000. - Uncollectible account expense, estimated as 1% of credit sales. - Write-offs of uncollectible receivables, $2,800. ments 1. Journalize sales, collections, uncollectible account expense using the allowance method (percent-of-sales method), and write-offs of uncollectibles during October 2012