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Estimating Doubtful Accounts Performance Bike Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December accounts in each age

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Estimating Doubtful Accounts Performance Bike Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December accounts in each age category are as follows: and a historical analysis of the percentage of uncollectible Estimate what the proper balance of the allowance for doubtful counts should be as of December 31 Performance Bike Co. Estimation of Uncollectible Accounts C 31 Balance Estimated Uncollectible Accounts Percent Estimated Uncollectible Account Amount 5742,000 Age Interval Not past due 1/24 81.600 37,100 1-30 days past due 31-60 days past due 61-90 days post de 91-180 days post due 26,700 19,300 Over 150 days past due 4.100 Total $920.500

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