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: Age Class Not past due 1-30 days past due 31-60 days past due 61-90 days past due 91-180 days past due Over 180 days past due Balance Age Class Not past due 1-30 days past due $902,000 292,000 98,500 68,000 44,700 15,500 $1,420,700 Balance $902,000 Percent Uncollectible 292,000 3/4% 1 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31. 8 16 50 80 Estimated Uncollectible Accounts Uncollectible Accounts Percent 1 3/4% Estimated Amount 4

Estimating doubtrul 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 doubtul accounts should be as of December 31 . Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31