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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 $24,037. Assume

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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 $24,037. Assume that the allowance for doubtful accounts for Performance Bike Co. had a debit balance of $4,325 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

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