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An aging analysis of Sandhill Company's accounts receivable at December 31, 2023 and 2024, showed the following: Number of Days Outstanding Estimated % Uncollectible December
An aging analysis of Sandhill Company's accounts receivable at December 31, 2023 and 2024, showed the following: Number of Days Outstanding Estimated % Uncollectible December 31 2024 2023 0-30 days 1% $118.000 $145.000 31-60 days 6% 29.500 72,500 61-90 days 12% 59,000 43,500 Over 90 days 35% 88.500 29.000 Total $295.000 $290.000 Additional information: 2. At December 81. 2023, the unadjusted balance in Allowance for Doubtful Apcounts was a credit of S5.900. In 2024, $27.200 of accounts was written off as uncollectible and $2.600 of accounts previously written off was collected. (a) Your answer has been saved. See score details after the due date. Prepare an aging schedule to calculate the estimated uncollectible accounts at December 31.2023, and at December 31. 2024. 2023 2024 Number of Days Outstanding Amount estimated Uncollectible 7 0-30 days $118,000 1180 31-60 days 29,500 61-90 days 59,000 7080 Over 90 days 88.500 Total 30975 $295.000 R @ 2 W Paused Number of Days Outstanding Amount Estimated Uncollectible 0-30 days $145,000 1% 1450 31-60 days 72,500 6% 4350 61-90 days 43,500 12% 5220 Over 90 days 29,000 35% 20150 Total $290.000 21170 Type here to search F5 i F6 F3 # 3 E D F8 & 7 U F9 * 8 6% 12% 35% Calculate the carrying amount of Sandhill's accounts receivable at December 31, 2023, and December 31, 2024. 2024 2023
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