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eBook Problem-Solving Strategy Aging of Receivalles, Estimating Allowance for Doubtful Accounts Trophy Fish Company supplies fles and fishing gear to sporting goods stores and outfinters

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eBook Problem-Solving Strategy Aging of Receivalles, Estimating Allowance for Doubtful Accounts Trophy Fish Company supplies fles and fishing gear to sporting goods stores and outfinters theoughout the western United States. The accounts completed aging of receivables schedule as of the end of business on December 31, 2013 western United States. The accountncrivable dek for Trophy Fah prepared the nono ng pataly Days Past Due Past Due AAA Ourte BrownTrot FyShop17,500 20,000 7 500 Brown Trout Fy Shop 7500 4,000 Sublotals 1.300,000 750000 290,000 120,000 40,000 20,000 0 The following accounts werurantertionally oninted from the aging scheddel Adams Sports&Flies Blue Dun Flies Cicada Fish Co Deschutes Sports Green River Sports Sith River Co Wecterm Trout Company Dec Due Date Balance May 22, 2013 $5,000 Oct. 10, 2013 4900 Sept. 29, 2013 8400 Oct 20, 2013 7000 Nov. 7,2013 500 Nov 28,2013 2400 6,800 Jan 20, 2014 4400 7,2013 Sports Tropthy Fish has a past history of uncollectible accounts by age category, as follows Percent Uncollectible Age Class Not past due 1-30 days past due 31-60 days past due 1% 10

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