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1. PR.08.02B.ALGO (Algorithmic) Aging of receivables; estimating allowance for doubtful accounts Wig Creations Company supplies wigs and hair care products to beauty salons throughout Texas

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1. PR.08.02B.ALGO (Algorithmic) Aging of receivables; estimating allowance for doubtful accounts Wig Creations Company supplies wigs and hair care products to beauty salons throughout Texas and the Southwest. The accounts receivat schedule as of the end of business on December 31,2017 : The following accounts were unintentionally omitted from the aging schedule. Assume all due dates are for the current year except for Visions Wig Creations has a past history of uncollectible accounts by age category, as follows: Wig Creations has a past history of uncollectible accounts by age category, as follows: Required: 1. Determine the number of days past due for each of the preceding accounts. If an account is not past due, enter a zero. 2. Complete the aging of receivables schedule by adding the omitted accounts to the bottom of the schedule and updating the to Wig Creations Company Aging of Receivables Schedule December 31,20Y7 Complete the aging of receivables schedule by adding the omitted accounts to the bottom of the schedule and updatina the tatale if an am 3. Estimate the allowance for doubtful accounts, based on the aging of receivables schedule. require an entry, letive it blank. ber ity 1 beckat bed debl epperse wadd be snd the income

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