Arcounts Recelvable Aging Method P6. Fossmoor Company uses the accounts receivable aging method to estimate uncollectible accounts. At the beginning of the year, the balance of the Accounts Receivable account was a debit of $88,430, and the balance of Allowance for Uncollectible Accounts was a credit of $7,200. During the year, the company had sales on account of $473,000, sales returns and allowances of $4,200, worthless accounts written off of $7,900, and collections from customers of $450,730. At the end of year (December 31, 2014), a junior accountant for Flossmoor was preparing an aging analysis of accounts receivabic. At the top of page 6 of the report, the following totals appeared: To finish the analysis, the following accounts need to be classified: From past experience, the company has found that the following rates are realistic for estimating uncollectible accounts