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 per uncollectible accounts in each age category are given below. Estimated Uncollectible Age Interval Balance Accounts Percent Not past due $688,000 1/2 % 1-30 days past due 75,700 4 31-60 days past due 34,400 7 61-90 days past due 24,800 16 91-180 days past due 17,900 39 Over 180 days past due 13,100 80 Total $853,900 Estimated Uncollectible Accounts Amount $3,440 3,028 2,408 3,968 6,981 10,480 $30,305 Assume that the allowance for doubtful accounts for Outlaw Bike Co. had a debit balance of $5,455 as of December 31. Journalize the adjusting entry for uncollectible accounts as of December 31. Dec. 31 Bad Debt Expense Allowance for Doubtful Accounts