At the end of the year, a company reports a balance in its Allowance for Uncollectible Accounts of $1600 (credio before any year-end adjustment . The company estimates future uncollectible accounts to be 2% of credit sales for the year Credit sales for the year total $283,000 Record the adjustment for the allowance for uncollectible accounts using the percentage of credit sales method. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the period-end adjusting entry etter det beds 1