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Chart of Accounts Journal Instructions Outlaw Bike Co. has determined that the proper balance for the Allowance for Doubtful Accounts at December 31 is $63,410.

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Chart of Accounts Journal Instructions Outlaw Bike Co. has determined that the proper balance for the Allowance for Doubtful Accounts at December 31 is $63,410. Assume that the allowance for doubtful accounts for Outlaw Bike Co. had a debit balance of $5,140 as of December 31. Journalize the adjusting entry for uncollectible accounts as of December 31. Refer to the Chart of Accounts for exact wording of account titles Cd Of Accounts ASSETS REVENUE 410 Sales 110 Cash 111 Petty Cash 610 Interest Revenue 120 Accounts Receivable 129 Allowance for Doubtful Accounts 131 Interest Receivable 132 Notes Receivable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance EXPENSES 510 Cost of Merchandise Sold 520 Sales Salaries Expense 521 Advertising Expense 522 Depreciation Expense-Store Equipment 523 Delivery Expense 524 Repairs Expense 529 Selling Expenses 530 Office Salaries Expense 531 Rent Expense 532 Depreciation Expense-Office Equipment 533 Insurance Expense 534 Office Supplies Expense 181 Land 191 Store Equipment 192 Accumulated Depreciation Store Equipment 193 Office Equipment 194 Accumulated Depreciation Office Equipment 193 Office Equipment 194 Accumulated Depreciation Office Equipment 532 Depreciation Expense-Office Equipment 533 Insurance Expense 534 Office Supplies Expense 535 Store Supplies Expense LIABILITIES 210 Accounts Payable 211 Salaries Payable 213 Sales Tax Payable 536 Credit Card Expense 537 Cash Short and Over 538 Bad Debt Expense 214 Interest Payable 539 Miscellaneous Expense 215 Notes Payable 710 Interest Expense EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends 313 Income Summary Chart of Accounts Journal umalize the adjusting entry for uncollectible accounts as of December 31. Refer to the Chart of Accounts for exact wording of account totes ACCOUNTING EQUATION ASSETS LIARES QUI DESCRIPTION

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