During 2021, its first year of operations, a company provides services on account of $250,000. By the end of 2021, cash collections these accounts total $130,000. The company estimates that 10% 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 Record the adjustment for uncollectible accounts on December 31, 2021. Note: Enter debits before credits. Transaction General Journal Debit ctedit Dec 31