The credit manager of Sweet Sales Inc. has gathered the following information about the company's accounts receivable and credit losses during the current year: Net credit sales for the year Accounts receivable at year-end Uncollectible accounts recolvablet Actually written off during the year Estimated portion of year-end receivables expected to prove uncollectible (per aging schedule) $ 7,800, de 1,758;eae $ 85,000 $4,00 169,000 a. Uncollectible accounts expense is estimated at an amount equal to 2.5 percent of net credit sales. b. Uncollectible accounts expense is recognized by adjusting the balance in the Allowance for Doubtful Accounts to the amount indicated in the year-end aging schedule. The balance in the allowance account at the beginning of the current year was $25.000 Consider the effect of the write ofts during the year on the balance in the Allowance for Doubtful Accounts.) c. The company uses the direct writeoll method of accounting for uncollectible accounts Prepare one journal entry summarizing the recognition of uncollectible accounts expense for the entire year under each of the above Independent assumptions. (If no entry is required for a transaction/event, select "No Journal entry required in the first account field.) View transaction list Journal entry worksheet