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Entry for Uncollectible Accounts Imperial Bikes Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31, 2014, and
Entry for Uncollectible Accounts Imperial Bikes Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31, 2014, and a historical analysis of the percentage of uncollectible accounts in each age category are given below. Assume that the allowance for doubtful accounts for Imperial Bikes Co. had a debit balance of $3, 580 as of December 31, 2014. Journalize the adjusting entry for uncollectible accounts as of December 31, 2014
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