Casebolt Company wrote off the following accounts receivable as uncollectible for the first year of its operations ending December 31: Amount Customer Shawn Brooke Eve Denton $4,650 5,180 11,050 Art Malloy Cassie Yost 9,120 Total $30,000 b. Journalize the write-offs under the allowance method. Also, Journalize the adjusting entry for uncollectible accounts. The company recorded $5,250,000 of credit ales during the year. Based on past history and industry averages, 3/4% of credit sales are expected to be uncollectible. If an amount box does not require an entry, leave it blank Allowance for Doubtrol Accounts II IIIII 11 11111