Entry for Uncollectible Accounts Outlaw Bike Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31 and a historical analysis of the percentage of uncollectible accounts in each age category are given below. Estimated Uncollectible Accounts Percent Estimated Uncollectible Accounts Amount Age Interval Balance 1/2 % Not past due 1-30 days past due $518,000 57,000 $2,590 2,280 2,072 31-60 days past due 25,900 8 18,600 17 3,162 13,500 38 5,130 61-90 days past due 91-180 days past due Over 180 days past due Total 9,800 70 6,860 $642,800 $22,094 Assume that the allowance for tabtful accounts for Outlaw Bike Co. had a debit balance of 53,975 as of December 31, Journalize the adjusting entry for uncollectible accounts as of December 31. Dec. 31 Blad Debt Expense Allowance for Doubtful Accounts