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Below is the aging schedule of the accounts receivable for Unico Company: Age of accounts Accounts Receivable Estimated Percentage Uncollectible Estimated Uncollectible Accounts Current accounts
Below is the aging schedule of the accounts receivable for Unico Company:
Age of accounts | Accounts Receivable | Estimated Percentage Uncollectible | Estimated Uncollectible Accounts |
Current accounts | $ 140,000 | 1% | ? |
030 days past due | ? | 5% | 4,750 |
3160 days past due | 36,000 | ? | 3,600 |
6190 days past due | 12,000 | ? | ? |
Over 90 days past due | ? | 50% | 4,000 |
Total | $ 291,000 |
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