Exercise 7-12 (Stotic) Percent of sales method LO P3 Warner Company's year end unadjusted triat balance shows accounts receivable of $99,000, allowance for doubtul accounts of $600 (credit, and sales of $140,000. Uncollectibles are estimated to be t 18 of sales. Prepare the December 31 year-end adjusting entry for uncollectibles Journal entry worksheet