Entry for Uncollectible Accounts

Performance Bike Co$.$ has determined that the proper balance for the Allowance for Doubtful Accounts at December $31$ is $$36,452.$ Assume that the allowance for accounts for Performance Bike Co$.$ had a debit balance of $$6,560$ 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 $q,$

$q,$

Feedback

$q,$

$$ Check My Work

When a customer's account is identified as uncollectible, it is written off against the allowance account.

In such cases where an account receivable that has been written off is later collected, the account is reinstated. Then record the payment for the account.