Umbrella.com had the following balances on December 31, 2018, before the year-end adjustments: (Click the icon to view the balances and accounts receivable aging schedule.) Journalize Umbrella's entry to adjust the allowance account to its correct balance on December 31, 2018. (Record debits first, then credits. Exclude explanations from any journal entries.) Journalize the adjustment to bring the allowance account to its correct balance. Data table Journal Entry Date Accounts Debit Credit Accounts receivable Allowance for uncollectible accounts Bal 1,300 December 31 7 Bal 112,600 The aging of receivables yields these data: Age of Accounts 61-90 Over 90 1-30 31-60 Total Days Days Days Days Receivables Accounts receivable $73,000 $11,000 $3,600 $112,600 $25,000 x 2% Estimate percentage uncollectible x 1% x 7% x 51% Print Done