Thegeneral ledger accountfor Accounts Receivable shows a debit balance of $40000

Thegeneral ledger accountfor Accounts Receivable shows a debit balance of $40000. The Allowance for Uncollectible Accounts has a credit balance of $2000. Net sales for the year were $250000. In the past 3 percent of net sales have proved uncollectible. An aging of accounts receivable results in an estimate of $9000 of uncollectible accounts receivable.Calculate (1) Uncollectible AccountsExpenseand (2) the ending balance of the Allowance for Uncollectible Accounts using (a) the percentage ofnet salesmethod and (b) theaccounts receivable agingmethod.