! Required information (The following information applies to the questions displayed below.] Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). Credit Sales for 2021 $260,000 55,000 1,100 Accounts Receivable, December 31, 2021 Allowance for Uncollectible Accounts, December 31, 2021 (Credit) Required: 1. Record the adjusting entry for uncollectible accounts using the percentage-of-receivables method. Suzuki estimates 12 % of receivables will not be collected. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 Record the adjusting entry for Uncollectible Accounts. Note: Enter debits before credits. Date Debit General Journal Credit December 31, 2021 Bad Debt Expense Allowance for Uncollectible Accounts Required information The following information applies to the questions displayed below.] Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). Credit Sales for 2021 $260,000 55,000 1,100 (Credit) Accounts Receivable, December 31, 2021 Allowance for Uncollectible Accounts, December 31, 2021 2. Record the adjusting entry for uncollectible accounts using the percentage-of-credit-sales method. Suzuki estimates 3 % of credit sales will not be collected. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the firs account field.) View transaction list Journal entry worksheet