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Blossom Company has accounts receivable of W107,000 at March 31, 2020. Credit terms are 2/10, n/30. At March 31, 2020, there is aw1.300 credit balance

Blossom Company has accounts receivable of W107,000 at March 31, 2020. Credit terms are 2/10, n/30. At March 31, 2020, there is aw1.300 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimate of bad debts is shown below. Estimated Percentage Uncollectible Age of Accounts Balance, March 31 2020 2019 Current W68,000 W75,000 3% 1-30 days past due 21,900 8,000 5% 31-90 days past due 9.500 2,400 25% Over 90 days past due 7.600 1,100 50% W107,000 W86,500 Part 1 Your answer is incorrect Determine the total estimated uncollectibles Total estimated uncollectibles W

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