Accounting

2. Swenson Co. is a wholesaler of office supplies. An aging of the company's accounts receivable on December 31, 2014, and a historical analysis of the percentage of un-collectible accounts in each age category are as follows: Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31. 2014. 3. Using the data above, assume that the allowance for doubtful accounts for Swenson Co. has a debit balance of $2,000 as of December 31, 2014. Journalize the adjusting entry for uncollectible accounts as of December 31, 2014