- Chapters 8 and 9 241a9dc5-3612-45a7-9642 Question 4 of 11 Oak Ltd. has an Accounts Receivable amount of $349,800 and an unadjusted credit balance in Allowance for Doubtful Ace $8.400 at March 31. The company's accounts receivable and percentage estimates of its uncollectible accounts are as follo Estimated Percentage Uncollectible Number of Days Outstanding 0-30 31-60 61-90 Over 90 Total 2% Accounts Receivable $244,000 46,800 34,600 24,400 $349,800 10% 30% 50% Question 4 of 11 ./10 Prepare an aging schedule to determine the total estimated uncollectibles at March 31. Age of Accounts Amount Estimated Uncollectible $ 0-30 days $244,000 2% 31-60 days 46,800 10% 61-90 days 34,600 30% Over 90 days 24,400 50% $ 4. Chapters 8 and 9 3672-45a7-9642... Question 5 of 11 View Policies Current Attempt in Progress -/10 Ridgewood Corporation reports the following selected accounts (in thousands) at December 31, 2021: $1,940 1,570 950 480 Accounts payable Accounts receivable, gross Accumulated depreciation-buildings Accumulated depreciation-equipment Allowance for doubtful accounts Bad debts expense Buildings Cash Cost of goods sold Equipment 39 137 2.640 Income tax receivable Interest revenue Inventory Land Notes receivable (current) Notes receivable (non-current) Sales Supplies Trading investments $98 108 1,880 1,040 2.430 98 12,360 88 196 560 9,500 680 Question 5 of 11 -/10 Prepare the assets section of Ridgewood's statement of financial position (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment) RIDGEWOOD CORPORATION Statement of Financial Position (Partial) (in thousands) Assets