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ST300_CALTPC2 NOW2 Online teachinx VtakeAssignment/take AssignmentMain.do?invokerStake AssignmentSessionLocatorinprogress=false eBook Calculator Entry for Uncollectible Accounts Easy Rider International is a wholesaler of motorcycle supplies. An aging of

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ST300_CALTPC2 NOW2 Online teachinx VtakeAssignment/take AssignmentMain.do?invokerStake AssignmentSessionLocatorinprogress=false eBook Calculator Entry for Uncollectible Accounts Easy Rider International is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31, 2013, and historical analysis of the percentage of uncollectible accounts in each age category are as follows: Age Interval Balance Percent Uncollectible Not past due $1,687,500 1-30 days past due 750,000 31-60 days past due 112,500 61-90 days past due 50,000 25,000 91-180 days past due Over 180 days past due 12.500 $2,637,500 Assume that the allowance for doubtful accounts for Easy Rider International had a negative balance of $(20,190) as of December 31, 20Y3. Illustrate the effects of the adjustment for uncollectible accounts as of December 31, 20Y3, on the accounts and financial statements. If no account or activity is affected, select "No effect from the dropdown list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts. Balance Sheet Statement of Cash Flows Assets Liabilities + Stockholders' Equity No effect - No effect No effect No effect Dec. 31. Statement of Cash Flows Income Statement No effect No effect Previous Next Check My Work Save and Exa Submni Assiroment for Grau 11:15 AD1321

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