The ledger of Metlock Company at the end of the current year shows Accounts Receivable $141,000, Credit Sales $844,000, and Sales Returns and Allowances $26,000. Journalize the following independent situations. (b) Your answer is partially correct. If Allowance for Doubtful Accounts has a credit belance of $3.100 in the trial balance journalize the adjusting entry at December 31. assuming uncollectibles are expected to be 10% of accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) eTextbook and Media List of Accounts Last saved 1 second ago. Attempts: 1 of 5 used (c) If Allowance for Doubtful Accounts has a debit balance of $220 in the trial balance, journalize the adjusting entry at December 31 . assuming uncollectibles are expected to be 6% of accounts receivable. (Credit occount titles are automatically indented when amount is entered. Do not indent manually.)