ABC Company uses the Percentage of Sales method to record the Allowance for Uncollectible Accounts. The company records this allowance each month. The company estimates that 4% of its sales will not be collectible. The following are the sales for the last 3 months of the year. Make the appropriate journal entries to account for this allowance.
					October	$550,250.00
	November	$430,100.00
	December	$625,750.00
GENERAL JOURNAL			Page 1
Date	Accounts	Debit	Credit