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D Question 7 3.5 pts At January 1, 2019, ABC Company reported an allowance for doubtful accounts with a $3,500 credit balance. During 2019, ABC
D Question 7 3.5 pts At January 1, 2019, ABC Company reported an allowance for doubtful accounts with a $3,500 credit balance. During 2019, ABC Company did not write-off any accounts receivable as uncollectible; however, ABC did record recoveries of previously written-off accounts receivable totaling $1,800. ABC Company prepared the following aging schedule at December 31, 2019: % Uncollectible Accounts Receivable not past due $103,600 1-30 days past due 31,600 31-60 days past due 61-90 days past due 23,400 over 90 days past due 45% Based on the above information, ABC Company estimated its bad debt expense to be $5,800 for 2019. It is known that the net realizable value of ABC Company's accounts receivable at December 31, 2019 amounted to $153,675. Calculate the percentage expected to be uncollectible for the accounts receivable that were 61-90 days past due. Enter your answer as a whole number (i.e. 10). Do not enter your answer as a decimal (i.e., .10). Do not enter your answer with the percentage symbol included (i.e., 10%)
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