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A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following: O $11,390. Days Outstanding 1-30 days 31-60 days 61-90 days 11% Over
A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following: O $11,390. Days Outstanding 1-30 days 31-60 days 61-90 days 11% Over 90 days 51% Before the year-end adjustment, the credit balance in Allowance for Uncollectible Accounts was $1500. Under the aging-of- receivables method, the Uncollectible-Account Expense at year-end is: $8390. $9890. Accounts Receivable $1280. Est. Percent Uncollectible $64,000 $40,000 $23,000 $8000 2% 5%
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