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Current Attempt in Progress Sheridan Co.uses an aging schedule to determine its estimated uncollectible accounts at December 31. Complete the following schedule. Number of Days

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Current Attempt in Progress Sheridan Co.uses an aging schedule to determine its estimated uncollectible accounts at December 31. Complete the following schedule. Number of Days Accounts Estimated % Estimated Uncollectible Outstanding Receivable Uncollectible Accounts 0-30 days $286.000 196 31-60 days 88.000 61-90 days 44.000 10% Over 90 days 22.000 Total $440,000 Determine the required balance in the Allowance for Doubtful Accounts and the carrying amount of the accounts receivable. Allowance for doubtful accounts $ Carrying amount eTextbook and Media Save for Later

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