Cash - 732,000

Accounts Recievable - 1,220,000

Inventory - 1,708,000

Supplies - 476,000

Over 90 days past due - $12,000

61-90 days past due - $38,000

31-60 days past due - $86,000

1-30 days past due - $254,000

Not yet due - $830,000

Percent Uncollectible by Accounts

credit sales - 1%

accounts recievable - 5%

The manager asks you to assist her with the data analytics on bad debts expense at year-end. To do this, you access the following Tableau Dashboard for your company. Makeup of Current Assets Accounts Receivable by Age Over 90 days past due 6190 dayspast due 130 days past due Not yet due $0$200,000$400,000$600,000$800,000 Percent Uncollectible by Age Makeup of Total Sales Percent Uncollectible by Accounts Complete this question by entering your answers in the tabs below. 1. Estimate the balance of the Allowance for Doubtful Accounts using percent of sales method. Assume a $0 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for credit sales. 2. Estimate the balance of the Allowance for Doubtful Accounts using percent of recelvables method. Assume a $0 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for accounts receivable. Over 90 days past due. 6190 days past due The manager asks you to assist her with the data analytics on bad debts expense at year-end. To do this, you access the following Tableau Dashboard for your company. Makeup of Current Assets Accounts Receivable by Age Over 90 days past due 6190 dayspast due 130 days past due Not yet due $0$200,000$400,000$600,000$800,000 Percent Uncollectible by Age Makeup of Total Sales Percent Uncollectible by Accounts Complete this question by entering your answers in the tabs below. 1. Estimate the balance of the Allowance for Doubtful Accounts using percent of sales method. Assume a $0 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for credit sales. 2. Estimate the balance of the Allowance for Doubtful Accounts using percent of recelvables method. Assume a $0 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for accounts receivable. Over 90 days past due. 6190 days past due