Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). No Credit Sales for 2021 Accounts Receivable, December 31, 2021 Allowance for Uncollectible Accounts, December 31, 2021 Required: 1. Record the adjusting entry for uncollectible accounts using the percentage-of-receivables method. Suzuki estimate receivables will not be collected. (If no entry is required for a particular transaction/event, select "No Journal Entry first account field.) 1 Date $243,000 38,000 1,200 (Credit) Answer is complete but not entirely correct. General Journal December 31, 2021 Bad Debt Expense Debit 7,290 Credit