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Blossom Company has accounts receivable of $168.000 at September 30, 2021. An analysis of the accounts shows the following Month of Sale Balance September $110.000
Blossom Company has accounts receivable of $168.000 at September 30, 2021. An analysis of the accounts shows the following Month of Sale Balance September $110.000 AURUS 25.000 July 14.000 April May, and June 11.000 $168.000 Credit terms are 2/106/30. The mainted balance in the allowance for Doubtful Accounts on September 30, 2001, $2.000 dehit The company is an ing schedule to estimate collectible accounts. The company's percentage estimates of bad debts are follow Number of Days Outstanding Estimated Uncollectie 0-30 31-60 10% 61-90 Overv ON Prepare an aging schedule to determine the total estimated uncollectible accounts at September 30, 2021. Estimated Uncollectible Age of Accounts Amount 96 $118,000 0-30 days outstanding 196 $ 25,000 10% 31-60 days outstanding 14.000 25% 61-90 days outstanding 11,000 60% Over 90 days outstanding e Textbook and Media
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