Journal entries for the allowance method. The following data relate to sales made on account by Schneider Corporation. The rm began operations in 2011. Accounts Written Off as Uncollectible in Year Sales on Year Account 2011 2012 2013 2011 ......................... $ 750,000 $1,300 $ 8,700 $ 3,900 2012 ......................... 1,200,000 2,500 16,600 2013 ......................... 2,400,000 3,100 $4,350,000 $1,300 $11,200 $23,600 Schneider Corporation estimates that 2% of sales on account will ultimately become uncol- lectible. Uncollectible accounts generally occur within three years of the year of sale