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At the end of the year, a company has a Balance in Allowance Tor Uncollectible Accounts or $3,000 (credit) before any year-end adjustment The balance or Accounts Receivable is $230 000. The company estimates that 10% or accounts receivable will not be collected over the next year Record the adjustment for uncollectible accounts, (it no entry is required tor a transaction/event. select "No journal entry required" in the first account field.)