On December 31, 20X1, certain account balances at Galaxy Company were as follows before year-end adjustments: Accounts Receivable Allowance for Uncollectible Accounts (credit) Sales Sales Returns and Allowances 1,858,000 3,571 18.461.000 75.800 A further examination of the records showed that the "Sales" included $1,904,900 of cash sales during the year. Of the sales returns and allowances, $69,100 came from credit sales. Assume that Galaxy Company estimates its losses from uncollectible accounts to be 0.3 percent of net credit sales. Required: Compute the estimated amount of Uncollectible Accounts Expense for 20X1 and prepare the journal entry to record the provision for uncollectible accounts. Complete this question by entering your answers in the tabs below. Uncollect Accounts General Journal Compute the estimated amount of Uncollectible Accounts Expense for 20x1. (Round your "Estimated loss rate" to 3 decimal places, i.e. 1.2% should be entered as 0.012.) Show less Total sales Total credit sales Net credit sales General Journal Complete this question by entering your answers in the tabs below. Uncollect Accounts General Journal Prepare the journal entry to record the provision for uncollectible accounts. View transaction list Journal entry worksheet 1 Record the journal entry to record the provision for uncollectible accounts. Note: Enter debits before credits. Date General Journal Dec 31, 20X1 Debit Credit Record entry Clear entry View general Journal Uncollect Accounts