On June 30, Purple Party Planners had a $40,000 balance in Accounts Receivable and a $2,578 credit balance in Allowance for Uncollectible Accounts. During July, Purple made credit sales of $197,000. July collections on account were $159.000, and write-offs of uncollectible receivables totaled $2,880. Uncollectible-accounts expense is estimated as 4% of credit sales. No sales returns are expected. Ignore cost of goods sold. Read the requirements. (b) Next, journalize the collections on account. Date (b) Journal Entry Accounts Debit Credit