pense ods of As of December 31, 2017, Fargo Company's accounts prior to adjustment show: Accounts receivable $ 40,000 Allowance for uncollectible accounts (credit balance) 750 Sales 250,000 Fargo Company estimates uncollectible accounts at 2% of sales. On February 23, 2018, the account of Dan Hall in the amount of $450 was considered uncollectible and written off. On August 12, 2018. Hall remitted $300 and indicated that he intends to pay the balance due as soon as possible. By December 31, 2018, no further remittance had been received from Hall, and no further remittance was expected, Prepare journal entries to rece h Give the entry necessary as of Dece uncollectible accounts at 8% of as to record all of these transactions and adjusting entries. arv as of December 31, 2017, if Fargo Company estimated its ints at 8% of outstanding receivables rather than at 2% of sales