Fonda Bikes Co. is a wholesaler of motorcycle supplies. An 1 answer below »

Fonda Bikes Co. is a wholesaler of motorcycle supplies. An aging of the company’s accounts receivable on December 31, 2010, and a historical analysis of the percentage of uncollectible accounts in each age category are as follows:

Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31,2010.

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