D Question 18 Jensen Corporation uses the percentage-of-credit sales method to estimate uncollectibles. Net credit sales for the current year amount to $2,010,000 and management estimates 3% will be uncollectible. The Allowance for Uncollectible Accounts prior to adjustment has a debit balance of $18,000. After all adjusting entries are made, the balance in Allowance for Uncollectible Accounts will be: O $18.540 O $60,300, $42.300 $18,000. O None of the above.