Concept explainers
Entry for uncollectible accounts
Using the data in Exercise 9-11, assume that the allowance for doubtful accounts for Selby’s Bike Co. had a debit balance of $7,200 as of December 31, 2016.
Journalize the
EX 9-11 Estimating doubtful accounts OBJ. 4
Selby’s Bike Co. is a wholesaler of motorcycle supplies. An aging of the company’s
Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31, 2016.

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Chapter 9 Solutions
Bundle: Accounting, Chapters 1-13, 26th + Working Papers, Chapters 1-17 For Warren/reeve/duchac's Accounting, 26th And Financial Accounting, 14th + ... For Warren/reeve/duchac's Accounting, 26th
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