Exercise 9-12 (Static) Percent of sales method LO P3 Warner Company's year-end unadjusted trial balance shows accounts recelvable of $99,000, allowance for doubtful accounts of $600 (credit), and sales of $140,000. Uncollectibles are estimated to be 1% of sales. Prepare the December 31 year-end adjusting entry for uncollectibles. Journal entry worksheet Record the estimate of uncollectibles. Note: Enter debits before credits