Each member of a team is to participate in estimating uncollectibles using the aging schedule and percents shown in Problem 7-3A. The division of labor is up to the team. Your goal is to accurately complete this task as soon as possible. After estimating uncollectibles, check your estimate with the instructor. If the estimate is correct, the team then should prepare the adjusting entry and the presentation of accounts receivable (net) for the December 31 yearend balance sheet.

Data from Problem 7-3A

Access eBay’s January 30, 2019, filing of its 10-K report for the year ended December 31, 2018, at SEC.gov.