Entry for Uncollectible Accounts Performance Bike Co. has determined that the proper balance for...
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Accounting
Entry for Uncollectible Accounts Performance Bike Co has determined that the proper balance for the Allowance for Doubtful Accounts at December is $ Assume that the allowance for accounts for Performance Bike Co had a debit balance of $ as of December Journalize the adjusting entry for uncollectible accounts as of December If an amount box does not require an entry, leave it blank. Dec. Bad Debt Expense Allowance for Doubtful Accounts Feedback Check My Work When a customer's account is identified as uncollectible, it is written off against the allowance account. In such cases where an account receivable that has been written off is later collected, the account is reinstated. Then record the payment for the account. 
Entry for Uncollectible Accounts
Performance Bike Co has determined that the proper balance for the Allowance for Doubtful Accounts at December is $ Assume that the allowance for accounts for Performance Bike Co had a debit balance of $ as of December
Journalize the adjusting entry for uncollectible accounts as of December If an amount box does not require an entry, leave it blank.
Dec. Bad Debt Expense
Allowance for Doubtful Accounts
Feedback
Check My Work
When a customer's account is identified as uncollectible, it is written off against the allowance account.
In such cases where an account receivable that has been written off is later collected, the account is reinstated. Then record the payment for the account.
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