Following are the end of period amount balance for several stationery and office supply companies. Each company uses the percentage of the net sales method to estimate its uncollectible accounts expense. The percentage used by each company is also listed. Instructions: 1. Calculate the amount of adjustment for uncollectible accounts expense using the percentage of net sales method. 2. Prepare and Record the adjusting entry for the noncollectable accounts expense for ALL the stationary and office supplies companies as one entry.