Fowler Corporation began 2016 with an $86,000 balance in its Accounts Receivable and a $2,400 balance in its Allowance for Doubtful Accounts. The company wrote off a $600 uncollectible account during the year. Fowler Corporation uses the percent of receivables method to estimate its uncollectible accounts. The company applies the following percentages to each category in its aging of accounts receivable schedule to arrive at its 2016 year-end required allowance account balance.

Number of Days Past Due	Receivables Amount	% Likely to be Uncollectible	Required Allowance Account Balance
Current	$45,000	1%	$ 450
030	18,400	5%	920
3160	10,200	10%	1,020
6190	3,000	25%	750
Over 90	1,800	50%	900
Total	$78,400		$4,040

What is Fowler Corporation's general journal entry to record its estimated uncollectible accounts at the end of 2016?

	Debit	Credit
Allowance for Doubtful Accounts	4,040
Uncollectible Accounts Expense		4,040

	Debit	Credit
Uncollectible Accounts Expense	2,240
Allowance for Doubtful Accounts		2,240

	Debit	Credit
Uncollectible Accounts Expense	1,800
Allowance for Doubtful Accounts		1,800

	Debit	Credit
Uncollectible Accounts Expense	4,040
Allowance for Doubtful Accounts		4,040