Brief Exercise 5-19 (Algo) Use the percentage-of-credit-sales method to adjust for uncollectible accounts ( LO5-9) At the end of the year, Brinkley Incorporated's balance of Allowance for Uncollectible Accounts is $3,400 (credin) before adjustment. The company estimates future uncollectible accounts to be 3% of credit sales for the year. Credit sales for the year total $129,000. What is the adjusting entry Brinkley would record for Allowance for Uncollectible Accounts using the percentage-of-credit-sales method? (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the adjusting entry for Allowance for Uncollectible Accounts. Note: Enter debits before credits