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CALCULATOR FULL SCREEN BACK Question 1 Hachey Company has accounts recelvable of $95,100 at March 31, 2017. An analysis of the accounts shows these amounts
CALCULATOR FULL SCREEN BACK Question 1 Hachey Company has accounts recelvable of $95,100 at March 31, 2017. An analysis of the accounts shows these amounts Balance, March 31 2016 Month of Sale 2017 $65,000 $75,000 12,600 8,000 December and January 10,100 2,400 November and October 7,400 1.100 $95,100 $86,500 March February Credit terms are 2/10, n/30. At March 31, 2017, there is a $2,500 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage of recelvables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below Estimated Percentage Uncollectible Age of Accounts 2% 1-30 days past due 31-90 days past due Over 90 days past due 25 50 Determine the total estimated uncollectibles Total estimated uncollectibles Ai Rights Reserved. A son of Version 4.24.10.9 5 6 7 8 9 0
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