QS 9-7 Percent of accounts receivable method LO P3 Warner Company's year-end unadjusted trial balance shows accounts receivable of $111,000, allowance for doubtful accounts of $720 (credit), and sales of $400,000. Uncollectibles are estimated to be 1.50% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles. View transaction list Journal entry worksheet 1 Record the estimate of uncollectibles. Debit Credit Note: Enter debits before credits Date General Journal Dec 31 Bad debts expense Allowance for doubtful accounts Record entry Clear entry View general journal 2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $900? Amount used in the year and adjusting entry