Chapter 8: Reporting and analyzing receivables. Exercise 1 (12 PTS): Presented below is an aging schedule for Bryan Company. Not Yet Number of Days Past Due Total Due 1-30 31-60 61-90 over 90 $24,000 $9,000 $15,000 Customer Garnett 30,000 $30,000 Bird 50,000 Cope 5,000 $40,000 5,000 38,000 120,000 72.000 $38,000 Johnson Others 35,000 13,000 S262,000 S107,000 $49,000 S2s,000 S40,000 S38,000 Estimated percentage 12% 24% uncollectible 3% 60% Total estimated S42,400 $3,210 $3,430 $3,360 L S9,600 S22,800 bad debts At December 31, 2016, the unadjusted balance in Allowance for Doubtful Accounts is a "credit" balance of $8,000