The Firm is undecided about which base to use in estimating uncollectible accounts. On December 31, the balance in Accounts Receivable 190,000 and net credit sales amounted to $1,200,000 during - An aging analysis of the accounts receivable indicated $27,000 that in accounts are expected to be uncollectible. - past experience has shown that about 2.0\% of net credit sales eventually are uncollectible