ros. uses the allowance method to account for uncollectible accounts expense. Tull Tull B experienced the following four events in 2016: 1. Recognized $68,000 of revenue on account. (4 points) 2. Collected S62,000 cash from accounts receivable. (4 points) 3. Determined that $500 of accounts receivable were not collectible and wrote them off. (4 points) Recognized uncollectible accounts expense for the year. Tull estimates that uncollectible accounts expense will be 2 percent of its sales. (4 points) 4. Required: record the above transactions in general journal form