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Can I get some help solving this problem? Instructions Evers Industries has a past history of uncollectible accounts, as follows. Age Class Percent Uncollectible Not
Can I get some help solving this problem?
Instructions Evers Industries has a past history of uncollectible accounts, as follows. Age Class Percent Uncollectible Not past due 3% 1-30 days past due 31-60 days past due 15 61-90 days past due 33 Over 90 days past due Estimate the allowance for doubtful accounts, based on the aging of receivables information provided in the Aging of Receivables Schedule page. Aging of Receivables Schedule Shaded cells have feedback. X Evers Industries Score: 0/19 Estimate of Allowance for Doubtful Accounts Days Past Due Days Past Due Days Past Due Days Past Due Balance 1-30 31-60 61-90 Over 90 Not Past Due 618,800.00 Total receivables 1.150,100.00 233,100.00 118,000.00 105,800.00 74.400.00 Percentage uncollectible 3.0% 4.0% 15.0% 33.0% 86.0% Allowance for doubtful accountsStep by Step Solution
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