Bad Debt Expense Journal Entry Brito's Hundai Sales and Service estimates the amount of uncollectible accounts using the percentage of receivables method. After aging the accounts, it is estimated that $4,500 will not be collected. Record the end-of-period adjusting entry on December 31, in general journal form, for the estimated uncollectible accounts. Assume the following independent conditions existed prior to the adjustment: 2. Allowance for Doubtful Accounts has a debit balance of $305. If an amount box does not require an entry, leave it blank. Page: 1 DOC. POST DATE ACCOUNT TITLE DEBIT CREDIT NO. REF 1 Dec. 31 Bad Debt Expense 2 Allowance for Doubtful Accounts 2. 1 3 3