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Done NWP Assessment Pla... Week 9-Homework: Chapter 9 Question 2 of 5 < Current Attempt in Progress -/7 Pina Company has accounts receivable of
Done NWP Assessment Pla... Week 9-Homework: Chapter 9 Question 2 of 5 < Current Attempt in Progress -/7 Pina Company has accounts receivable of $115,900 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $1,300 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below. Age of Accounts Balance, March 31 Estimated Percentage Uncollectible 2022 2021 Current $73,900 $75,000 4% 1-30 days past due 24,200 8,000 6% 31-90 days past due 9,400 2,400 22% Over 90 days past due 8,400 1,100 51% $115,900 $86,500 (a) Determine the total estimated uncollectibles at March 31, 2022. Total estimated uncollectibles > C
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