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Days Outstanding Accounts Receivable Amount Percentage Uncollectible Not Yet Due $50,000 6% Up To 180 Days Past Due $15,000 13% Over 180 Past Due $5,000
Days Outstanding | Accounts Receivable Amount | Percentage Uncollectible |
Not Yet Due | $50,000 | 6% |
Up To 180 Days Past Due | $15,000 | 13% |
Over 180 Past Due | $5,000 | 26% |
Total | $70,000 |
Using the gross accounts receivable from Xavier's Xylophones, prepare a partial balance sheet for Accounts Receivable. Assume Xavier's Xylophone's desired allowance for doubtful accounts ending balance from the previous question is $5,000, although you may have had a different answer. Use parenthesis to represent subtracted amounts. Casilda Company Partial Balance Sheet Accounts Receivable Gross 2 LESS: Net
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