At the end of the year, Brinkley Incorporated's balance of Allowance for Uncollectible Accounts is $2,500 (credit before adjustment The company estimates future uncollectible accounts to be 4% of credit sales for the year. Credit sales for the year total $120,000 What is the adjustment Brinkley would record for Allowance for Uncollectible Accounts using the percentage-of-credit-sales method? (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the adjustment entry for Allowance for Uncollectible Accounts. Note: Enter debits before credits Transaction General Journal Debit Credit