Jetson Company had the following information on their Statement of Financial Position for Dec 2024. Debit Credit Cash $25,000 Accounts receivable 250,000 Allowance for expected credit losses 10,000 Accounts payable $50,000 Bank loan payable 150,000 Jetson Company uses percentage of receivables approach to estimating uncollectible accounts and they apply a 4% rate to it. A. Record the year end journal entry required for Jetson Company for this.