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Current Attempt in Progress An aging analysis of Sandhill Company's accounts receivable at December 31, 2023 and 2024, showed the following: Number of Days Outstanding
Current Attempt in Progress An aging analysis of Sandhill Company's accounts receivable at December 31, 2023 and 2024, showed the following: Number of Days Outstanding 0-30 days 31-60 days 61-90 days Over 90 days Total Additional information: N Estimated % Uncollectible 2. 1% 6% 12% 35% December 31 2024 $118,000 $145,000 29,500 59,000 88,500 2023 $295,000 72,500 43,500 29,000 1. At December 31, 2023, the unadjusted balance in Allowance for Doubtful Accounts was a credit of $5,900. In 2024, $27,200 of accounts was written off as uncollectible and $2,600 of accounts previously written off was collected. $290,000 Prepare an aging schedule to calculate the estimated uncollectible accounts at December 31, 2023, and at December 31, 2024.
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