Millennium Associates records bad debt using the allowance, income statement method. For 2017, they recorded $299.400 in accounts receivable for the year. and $773,200 in credit sales. The uncollectible percentage is 3%. On February 5 , Millennium Associates identifies one uncollectible account from Molar Corp in the amount of $13,300. On April 15, Mlar Corp unexpectedly pays its account in full. Record journal entries for the following. - Year-end adjusting entry for 2017 bad debt: - February 5, 2018 identification entry: Millennium Associates records bad debt using the allowance, income statement method. For 2017, they recorded $299,400 in accounts receivable for the year, and $773,200 in credit sales. The uncollectible percentage is 3%. On February 5 , Millennium Associates identifies one uncollectible account from Molar Corp in the amount of $13,300. On April 15, Mlar Corp unexpectedly pays its account in full. Record journal entries for the following. - Year-end adjusting entry for 2017 bad debt: Millennium Associates records bad debt using the allowance, income statement method. For 2017 , they recorded $299,400 in accounts receivable for the year, and $773,200 in credit sales. The uncollectible percentage is 3%. On February 5 , Millennium Associates identifies one uncollectible account from Molar Corp in the amount of $13,300. On April 15, Mlar Corp unexpectedly pays its account in full. Record journal entries for the following. - Year-end adjusting entry for 2017 bad debt: - February 5, 2018 identification entr - Entry for payment on April 15,2018 : PLEASE NOTE: All dollar amounts will be with "\$" and commas as needed (i.e. $12,345)