QS 7-8 Percent of sales method LO P3 Warner Company's year-end unadjusted trial balance shows accounts receivable of $118,000, allowance for doubtful accounts of $790 (credit), and sales of $470,000 Uncollectibles are estimated to be 1% of sales. Prepare the December 31 year-end adjusting entry for uncollectibles Answer is complete but not entirely correct. NO Date General Journal Credit 1 Doc 31 Bad debts expense Allowance for doubtful accounts Debit 3.910 3,910