Exercise #1 10 pts During the year 2019, Pitco Corporation sold goods for $750,000-, of which $ 250,000 in Cash And $ 500,000 at Credit, recorded in "Account Receivable" Account on December 31,2019. The company uses the Allowance method to estimate its uncollectible accounts. Pitco believes 3% of credit sales will be uncollectible. 1/ Question: Journalize entry for this estimates on December 31st 2019