Question

Using the data in Exercise 8-11, assume that the allowance for doubtful accounts for Traditional Bikes Co. had a debit balance of $3,375 as of December 31, 2014.
In Exercise 8-11, Traditional Bikes Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31, 2014, and a historical analysis of the percentage of uncollectible accounts in each age category are as follows:


Journalize the adjusting entry for uncollectible accounts as of December 31,2014.


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  • CreatedFebruary 28, 2014
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