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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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Accounts receivable Percent uncollectible Required: \begin{tabular}{|r|r|} \hline Total & \multicolumn{1}{c|}{0} \\ \hline$115,200 & $80,000 \\ \hline & 1% \end{tabular} 1. Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. (Use cells A4 to G6 from the given information to complete this question.) \begin{tabular}{|c|c|c|c|c|c|} \hline & \begin{tabular}{l} Accounts \\ recelvable \end{tabular} & x & & = & \begin{tabular}{c} Estimated \\ Uncollectible \end{tabular} \\ \hline Not due: & & x & & = & \\ \hline 1 to 30 : & & x & & = & \\ \hline 31 to 60 : & & x & & = & \\ \hline 61 to 90 : & & x & r & = & \\ \hline Over 90: & & x & 1 & = & \\ \hline \multicolumn{5}{|c|}{ Estimated balance of allowance for uncollectibles } & \\ \hline \end{tabular}

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