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Data Days outstanding from invoice date 0-30 days 31-90 days > 90 days Total Balance outstanding, Dec. 31 Estimated default rate Accounts written off
Data Days outstanding from invoice date 0-30 days 31-90 days > 90 days Total Balance outstanding, Dec. 31 Estimated default rate Accounts written off during the year Collections on accounts written off Allowance for uncollectibles, Jan. 1 $ 7,700,000 $3,300,000 $600,000 $ 11,600,000 0.5% 7% 8% S 65,000 2,000 S 327,500 Print Done
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Financial and Managerial Accounting Information for Decisions
Authors: John Wild, Ken Shaw, Barbara Chiappetta
6th edition
78025761, 978-0078025761
