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Bonita Industries has accounts receivable of $98,500 at March 31, 2022. Credit terms are 2/10,n/30. At March 31, 2022, there is a $1,977 credit balance
Bonita Industries has accounts receivable of $98,500 at March 31, 2022. Credit terms are 2/10,n/30. At March 31, 2022, there is a $1,977 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 estimates of uncollectibles are as shown below. Balance, March 31 Estimated Percentage Uncollectible Age of Accounts 2022 2021 $69,600 $70,010 2 % 12,000 8,670 5 Current 1-30 days past due 31-90 days past due Over 90 days past due 9,700 2,420 30 7,200 1.140 50 $98,500 $82,240 (a) Your answer is incorrect. Determine the total estimated uncollectibles at March 31, 2022. The total estimated uncollectibles $ e Textbook and Media List of Accounts Save for Later Atter (b) The parts of this question must be completed in order. This part will be available when you complet
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