company reports the following amounts at the end of the year (before odjustment): (If no entry is required for a particular ransaction/event, select "No Journal Entry Required" in the first account field.) equired: Record the adjusting entry for uncollectible accounts using the percentage-of-receivables method, assuming the company estimates 12% of recelvables will not be collected. Record the adjusting entry for uncollectible accounts using the percentage-of-credit-sales method, assuming the company estimates 2% of credit sales will not be collected Journal entry worksheet 2 Record the adjusting entry for uncollectible accounts using the percentage-of-receivables method, assuming the company estimates 12% of receivables will not be collected. Note: Enter debits before credits