Estimating Allowance for Doubtful Accounts

Evers Industries has a past history of uncollectible accounts, as follows.

Age Class

Percent Uncollectible

Not past due2%

1-30 days past due5

31-60 days past due14

61-90 days past due33

Over 90 days past due78

Estimate the allowance for doubtful accounts, based on the aging of receivables information provided in the Aging of Receivables Schedule page.

Evers Industries has a past history of uncollectible accounts, as follows.

Age Class

Percent Uncollectible

Not past due2%

1-30 days past due5

31-60 days past due14

61-90 days past due33

Over 90 days past due78

Estimate the allowance for doubtful accounts, based on the aging of receivables information provided in the Aging of Receivables Schedule page.

Estimate the allowance for doubtful accounts, based on the aging of receivables information provided below.