A company estimates that $$250,000$ of its credit sales may be uncollectible. Select the correct journal it would record before preparing its financial statements.

$1.$

db$.$ Allowance for doubtful accounts...........$$250,000$

cr$.$ Accounts Receivable $.......................$$$250,000$

$2.$

db$.$ Allowance for doubtful accounts...........$$250,000$

cr$.$ Uncollectible Accounts Expense...............$$250,000$

$3.$

db$.$ Uncollectible Accounts Expense...........$$250,000$

cr$.$ Allowance for doubtful accounts $..............$$$250,000$

$4.$

db$.$ Uncollectible Accounts Expense...........$$250,000$

cr$.$ Accounts Receivable............................$$250,000$