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Estimating Doubtful Accounts Outlaw Bike Co. Is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31 and a historical

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Estimating Doubtful 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 as follows Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31 Outlaw Bike Co. Estimation of Uncollectible Accounts Age Class Not past due 1-30 days past due es,400 31-60 days past due 40.200 61-9D drys past an 28, 91-180days past due 20,900 Over 180 days past due 15,300 Balaoce Percent Uncollectible Estimated Uncolectible Accounts Amount 5804,000 34% 4% 6% 17% 3 % 70% Total 997,700

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