seu upon 2 percent Sunbird Company estimates its uncollectible accounts exper of net sales. Required: What amount should Sunbird Company record as uncollectible accounts expense for 20x1? 9.2 Percent of sales method and aging method The following account balances are for Hummingbird Company: Allowance for Uncollectible Accounts Accounts Receivable 110,000 Sales 320,000 300 Required: Prepare the adjusting entry to provide for uncollectible accounts expense if the uncollectible expense is estimated @ at 1 percent of net sales and by aging the accounts receivable and assuming the needed allowance balance is estimated at $3,300