cise 5 88 A company has the following balances on December 31, Year 1, before any adjustment: Accounts Recevable $57,000, Allowance for Uncollectible Accounts $1,100 (credit On December 31, Year 1, the company estimates uncollectible accounts to be 15% of accounts receivable. Required: 1. Record the adjusting entry for uncollectible accounts on December 31, Year 1. (If no entry is required for a particuler transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet >