eBook Show Me How Estimating Doubtful Accounts Outlaw Bike Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31, and a historical analysis of the percentage of uncollectible accounts in each age category are as follows: Age Class Balance Percent Uncollectible Not past due 3/4 % $814,000 89,500 1-30 days past due 31-60 days past due 61-90 days past due 91-180 days past due Over 180 days past due 8 16 40,700 29,300 21,200 15,500 $1,010,200 40 65 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31 Percent Uncollectible Estimated Uncollectible Accounts Amount Balance Age Class Not past due $814,000 1-30 days past due 89.500 31-60 days past due 40.700 -HULKEAssignmentMain.do?invoker=&take AssignmentSessionLocator=&inprogre... UNCURCUTE $814,000 3/4 % 89,500 4 Not past due 1-30 days past due 31-60 days past due 61-90 days past due 91-180 days past due Over 180 days past due 40,700 8 29,300 16 21,200 40 65 15,500 $1,010,200 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31, Percent Uncollectible Estimated Uncollectible Accounts Amount Age Class Balance Not past due $814,000 3/4% 89,500 1-30 days past due 4 40,700 8 31-60 days past due 29,300 16 61-90 days past due 21,200 40 91-180 days past due 15,500 65 Over 180 days past due $1,010,200 Total Check My Work eBook Show Me How Estimating Doubtful Accounts Outlaw Bike Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31, and a historical analysis of the percentage of uncollectible accounts in each age category are as follows: Age Class Balance Percent Uncollectible Not past due 3/4 % $814,000 89,500 1-30 days past due 31-60 days past due 61-90 days past due 91-180 days past due Over 180 days past due 8 16 40,700 29,300 21,200 15,500 $1,010,200 40 65 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31 Percent Uncollectible Estimated Uncollectible Accounts Amount Balance Age Class Not past due $814,000 1-30 days past due 89.500 31-60 days past due 40.700 -HULKEAssignmentMain.do?invoker=&take AssignmentSessionLocator=&inprogre... UNCURCUTE $814,000 3/4 % 89,500 4 Not past due 1-30 days past due 31-60 days past due 61-90 days past due 91-180 days past due Over 180 days past due 40,700 8 29,300 16 21,200 40 65 15,500 $1,010,200 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31, Percent Uncollectible Estimated Uncollectible Accounts Amount Age Class Balance Not past due $814,000 3/4% 89,500 1-30 days past due 4 40,700 8 31-60 days past due 29,300 16 61-90 days past due 21,200 40 91-180 days past due 15,500 65 Over 180 days past due $1,010,200 Total Check My Work