QS 7-9 (Algo) Percent of sales method LO P3 BioWare's year-end unadjusted trial balance shows accounts receivable of $28,000 and sales of $390,000. Uncollectibles are estimated to be 2% of sales. Prepare the December 31 year-end adjusting entry for uncollectibles using the percent of sales method. View transaction list Journal entry worksheet t Record the estimate of uncollectibles. nces Note: Enter debits before credits. Date December 31 General Journal Debit Credit Record entry Clear entry View general journal