Question
An accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group, Age group Amount % 0- 60 days
An accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group,
Age group Amount %
0- 60 days 54,000 1.0
61- 90 days 27,000 5.0
91-120 days 6,000 20.0
over 120 days 3,000 50.0
Calculate the bad debt expense.
An accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group,
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Brinks Modern Internal Auditing A Common Body Of Knowledge
Authors: Robert R. Moeller
7th Edition
0470293039, 978-0470293034
