During 2021, its first year of operations, a company ends the year with accounts receivable of $100,000. The company estimates that 20% of accounts receivable will be uncollectible. Record the adjustment for uncollectible accounts on December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 Record the adjustment for unrecoverable accounts receivable on December 31,2021. Note: Enter debits before credits. Transaction Dec 31 1 General Journal Debit Credit Record entry Clear entry View general journal