At the end of the current year (before adjusting entries). Donut Corporation had a balance of $80,000 in Accounts Receivable and a credit balance of $11,000 in Allowance for Uncollectible Accounts Service revenue (all on credit) for the year totaled $430,000 Read the requirements Requirement 1. Using the percent-of-sales method, calculate the amount of Uncollectible-Account Expense if Donut Corporation estimates its uncollectible-account expense using a rate of 2% of credit sales. What is the ending balance of the Allowance for Uncollectible Accounts under this scenario? Donut Corporation has of uncollectible-account expense using the percent-of-sales method. The ending under this scenario balance of the Allowance for Uncollectible Accounts is Requirement 2. Now assume that Donut Corporation uses the aging-of-receivables method. Donut Corporation estimates that its Allowance for Uncollectible Accounts should have a credit balance of $21,000. Calculate the amount of its Uncollectible-Account Expense. What is the ending balance of the Allowance for Uncollectible Accounts under this scenario? of uncollectible-account expense using the aging-of-receivables method. The ending Donut Corporation has balance of the Allowance for Uncollectible Accounts is under this scenario