Question
aging account schedule for the Wilson Company.Today's date is December 31, 2013. The following accounts still need to be analyzed: Due Date Tom$3,000January 13, 2014
aging account schedule for the Wilson Company.Today's date is December 31, 2013.
The following accounts still need to be analyzed:
Due Date
Tom$3,000January 13, 2014
Mary1,400November 5, 2013
Art6,000September 1, 2013
Hazel1,100October 3, 2013
Beth700December 1, 2013
John3,200November 1, 2013
George600April 1, 2013
Passed experience estimates:
Accounts past duePercent uncollectible
<30 days1%
31-606%
61-9015%
91-12025%
Over 12030%30%
I am trying to analyze using the accounts receivable aging method
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Payroll Accounting
Authors: Bernard J Bieg, Judith A Toland
24th Edition
1285437063, 9781285437064
