Credit sales for the year Accounts receivable Allowance for uncollectible accounts $120,000 36,000 1,500 (credit) Record the adjustment for uncollectible accounts (1) using the percentage-of-receivables method, assuming the company estimates 10% of receivables will not be collected, and (2) using the percentage of-credit-sales method, assuming the company estimates 2% of credit sales will not be collected. Question 4 (1 point) Saved Where is the Undo button located? O on the vertical scroll bar O on the Status bar o in the Editing group on the Home tab 14 15 on the Quick Access Toolbar Credit sales for the year Accounts receivable Allowance for uncollectible accounts $120,000 36,000 1,500 (credit) Record the adjustment for uncollectible accounts (1) using the percentage-of-receivables method, assuming the company estimates 10% of receivables will not be collected, and (2) using the percentage of-credit-sales method, assuming the company estimates 2% of credit sales will not be collected. Question 4 (1 point) Saved Where is the Undo button located? O on the vertical scroll bar O on the Status bar o in the Editing group on the Home tab 14 15 on the Quick Access Toolbar