River City Supply, Inc., uses the allowance method to account for uncollectible accounts. On December 31, 2018. Allowance for uncollectible accounts has a $375 credit balance. Journalize the year-end adjusting entry for uncollectible accounts, assurning the following independent scenarios: (Record debits first, then credits. Exclude explanations from any journal entries) Click the icon to view the scenarios) 1. River City Supply estimates uncollectible accounts as three - fourths of 1% of net credit sales. Net credit sales for the year equal $540,000 Journal Entry Date Accounts Debit Credit Dec 31 More info Accounts receivable Allowance for uncollectible accounts Bad debt expense Cash Sales revenue 1. River City Supply, Inc., estimates uncollectible accounts as three-fourths of 1 percent of net credit sales. Not credit sales for the year equal $540,000 2. Based on an aging of Accounts receivable, River City Supply, Inc., estimates that uncollectible accounts will equal $3,950 Choose from any list or enter any number in the input fields a Print Done 1 part remaining SCORT