On January $1,2024,$ the general ledger of $3$D Family Fireworks includes the following account balances:

$\backslash$table$[[$Accounts$,$Debit,Credit$],[$Cash$,$$$27,70,],[$Accounts Receivable,$15,500,],[$Allowance for Uncollectible Accounts,$4,40,$$$1,700$

A$.$ Record the adjusting entry on January $31.$ The company estimates future uncollectible accounts. The company determines $$4,800$ of accounts receivable on January $31$st are past due, and $20\%$ of these accounts are estimated to be uncollectible. The remaining accounts receiavle on January $31$st are not due, and $5\%$ of these accounts are estimated to be uncollectible.