At the end of the year , a company has a balance in Allowance for Uncollectible Accounts of $3,400 (credit before any year-end adjustment. The balance of Accounts Receivable is $250,000. The company estimates that 5% of accounts receivable will not be collected over the next year. Record the adjustment for uncollectible accounts. (If no entry is required for a particular transaction/event, select "No Jornal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 Record the adjustment for uncollectible accounts. Note: Enter debits before credits Debit Credit General Journal Event 1 View general Journal Clear entry