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Company XLS has receivables totaling $780,000. They use an Aging of Receivables Report to estimate what will be uncollectible. .. Complete the Aging of Receivables
Company XLS has receivables totaling $780,000. They use an Aging of Receivables Report to estimate what will be uncollectible. .. Complete the Aging of Receivables Report to determine uncollectible amount Amor Rechte Aging of Receivables Report S300,000 $218.000 $101.codes 300 $72.500 Days Owed Perence 0.10 1.5% 31-60 396 61.90-120 Over 120 129 AU Tour Estimated tablette b. Journalize the transaction to record the estimated uncollectible amount (use amount calculated in 16) Date Accoundrel Dobrodil 7. Baylee Company sold merchandise to a customer who signed a 6%, 120- day note: Total merchandise sold: $5500 Duecente crede . The customer (from #7) paid Baylee Company amount owed. Date Account Ret Deb Credit J. Patterson purchased merchandise from Keaubic Company for $18,000, signing a 90-day promissory note @ 7%. Dute Account credit Previous Next
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