Uncollectible Accounts-Percentage of Sales and Percentage of Receivables At the end of the current year, the accounts receivable account of Malik's Lanscaping Service has a debit balance of $390,000. Credit sales are $2,790,000. Record the end-of-period adjusting entry on December 31, in general journal form, for the estimated uncollectible accounts. Assume the following independent conditions existed prior to the adjustment: 1. Allowance for Doubtful Accounts has a credit balance of $1,750. a. The percentage of sales method is used and bad debt expense is estimated to be 1% of credit sales. If an amount box does not require an entry, leave it blank. Page: DATE ACCOUNT TITLE TE DOC. POST. NO. REF. DEBIT CREDIT 1 20-- Dec. 31 2 ) 3 w b. The percentage of receivables method is used and an analysis of the accounts produces an estimate of $30,330 in uncollectible accounts. If an amount box does not require an entry, leave it blank. Page: DOC. POST. DATE ACCOUNT TITLE DEBIT CREDIT NO. REF. 1 20-- Dec. 31 - 2 2. Allowance for Doubtful Accounts has a debit balance of $1,910. a. The percentage of sales method is used and bad debt expense is estimated to be 3/4 of 1% of credit sales. If an amount box does not require an entry, leave it blank. Page: DATE ACCOUNT TITLE DOC. POST. NO. REF. DEBIT CREDIT 1 20-- Dec. 31 E N N w w b. The percentage of receivables method is used and an analysis of the accounts produces an estimate of $29,890 in uncollectible accounts. If an amount box does not require an entry, leave it blank. Page: DATE ACCOUNT TITLE DOC. POST. NO. REF. DEBIT CREDIT 1 20-- Dec. 31 1