At the end of the year, Thomas Associates had a credit balance in its Allowance for uncollectible accounts of $6,000 before adjustment. The balance in Thomas's gross accounts receivable is $480,000. Thomas's management estimates that 9% of its accounts receivable balance will not be collected. Balance in Allowance for uncollectible accounts before adjustment Balance in Accounts receivable (gross) Percent of Accounts receivable estimated to be uncollectible 1. What journal entry should Thomas record to adjust its Allowance for uncollectible accounts? 2. Assume the balance in Allowance for uncollectible accounts had been a DEBIT balance of $6,000 before adjustment. What journal entry should Thomas record to adjust its Allowance for uncollectible account