Sanders Inc. is a small brick manufacturer that uses the direct write-off method to account for uncollectible accounts. At the end of 2021, its balance for Accounts Receivable is $36,000. The company estimates that of this amount. $4,200 is not likely to be collected in 2022. In 2022, the actual amount of bad debts is $3,100 Record, if necessary, an adjustment for estimated uncollectible accounts at the end of 2021 and the actual bad debts in 2022. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field) Answer is complete but not entirely correct. General Journal December 31, 202 Bad Debt Expenso 4.200 Accounts Receivable 4.200 No Date Debit Credit 1 2 3,100 December 31, 202: Bad Debt Expense Accounts Receivable 3,100