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Bellevue Corporation has accounts receivable of $94,300 at March 31, 2018 An analysis of the accounts shows these amounts. Month of Sale March (current) February
Bellevue Corporation has accounts receivable of $94,300 at March 31, 2018 An analysis of the accounts shows these amounts. Month of Sale March (current) February ( 1 - 30 days past due) December and January (31 - 90 days pastdue) (over 90 days past due) Balance, March 31 2018 2017 $64,100 $75,200 12,300 8,400 11,000 2,600 6,900 1,000 $94,300 $87,200 Credit terms are 2/10,n/30. At March 31, 2018, there is an unadjusted $2,100 credit balance in Allowance for Doubtful Accounts The company uses the percentage of receivables by age category for estimating uncollectible accounts Bellevue's estimates of bad debts are as shown below. Estimated Percentage Uncollectible 2% Age of Accounts Current 1-30 days past due 31-90 days past due Over 90 days past due 30% 50% (a) Prepare an aging schedule to determine the total estimated uncollectibles at March 31, 2018 Accounts Receivable Amount Estimated Uncollectible $ Current 1-30 days past due 31-90 days past due Over 90 days past due $
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