QUESIIOII L: ACCOIIIIIS ECElVElDlE_ The TAccount balance for Accounts Receivable, before adjustments, shows a debit balance of $700. The T-Accounts balance for Allowance for Uncollectible Accounts, before adjustments, has a credit balance of $80. Net sales for the year were $65,000. In the past, 3 percent of sales have proved uncollectible, and an aging of accounts receivable results in an estimate of $2,000 of uncollectible accounts. There were no write-offs during the year. Assume the Company uses the percentage of net sales method to answer (a) and (b): {a} Please provide the journal entry the Company would record to recognize Uncollectible Accounts Expense