Normal No SpacingHeading1 14. The account Allowance for Uncollectible Accounts is necessary because management should know how many credit losses have been sustained over the years. when recording uncollectible accounts expense, it is not possible to predict specifically which accounts will not be collected. uncollected accounts that are written off must be accumulated in a separate account. a liability results when a credit sale is made. a. b. c. d. 15. The general ledger account for Accounts Receivable shows a debit balance of $25,000. Allowance for Uncollectible Accounts has a credit balance of S1,500. Net sales for the year were $250,000. In the past, 3 percent of net sales have proved uncollectible, and an aging of accounts receivable resulted in an estimate of $10,000 in uncollectible accounts receivable. Using the accounts receivable aging method, the Uncollectible Accounts Expense would be debited for a. $8,500. b. $11,500. c. $10,750. d. $10,000