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Entry for Uncollectible Accounts

Performance Bike Co$.$ has determined that the proper balance for the Allowance for Doubtful Accounts at December $31$ is $$372,500.$ Assume that the allowance for doubtful accoun for Performance Bike Co$.$ had a debit balance of $$28,400$ as of December $31.$

Journalize the adjusting entry for uncollectible accounts as of December $31.$ If an amount box does not require an entry, leave it blank.

Dec. $31$ Bad Debt Expense $$

$$

Allowance for Doubtful Accounts $$

$$

$x$