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4 5 Accounts receivable 6 Percent uncollectible 13 Total 14 Not due: 15 1 to 30: 16 31 to 60: 17 61 to 90: 18
4 5 Accounts receivable 6 Percent uncollectible 13 Total 14 Not due: 15 1 to 30: 16 31 to 60: 17 61 to 90: 18 Over 90: 19 $115,200 20 0 $80,000 1% 10 11 (Use cells A4 to G6 from the given information to complete this question.) 12 Accounts receivable 7 8 Required: 9 1. Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. X X X X X 1 to 30 X Estimated balance of allowance for uncollectibles $18,000 3% Office Online Frame Perce... (%) 31 to 60 = = $7,200 5% = 61 to 90 $4,000 8% Estimated Uncollectible Over 90 $6,000 11%
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