National Textile uses the allowance method to account for uncollectible accounts. On December 31, 2012, Allowance for Uncollectible Accounts has a $1,300 credit balance. Journalize the year-end adjusting entry for uncollectible accounts assuming the following independent scenarios:

1. National Textile estimates uncollectible accounts as 1 ⁄5 of 1% of net credit sales. Net credit sales for the year equal $750,000.

2. Based on an aging of Accounts Receivable, National Textile estimates that uncollectible accounts will equal $3,300.