On December 31, Also Products has a $300 credit balance in Allowance for Uncollectible Accounts. It estimates that 4 percent of the $60,000 in sales are uncollectible. After the appropriate adjusting entry for uncollectible accounts has been made using percentage of net sales method, what will be the balance in Allowance for Uncollectible Accounts? Indicate if the balance is a debit or credit.