Estimating Allowance for Doubtful Accounts Kirchhoff Industries has a past history of uncollectible accounts, as shown below.

Estimating Allowance for Doubtful Accounts Kirchhoff Industries has a past history of uncollectible accounts, as shown below. Age Class Percent Uncollectible 1 % Not past due 1-30 days past due 31-60 days past due 61-90 days past due Over 90 days past due 25 50 Estimate the allowance for doubtful accounts, based on the aging of receivables schedule below. Kirchhoff Industries Aging-of-Receivables Schedule Customer 31-60 Days Past Due 55,100 61-90 Days Past Due 30,600 Over 90 Days Past Due 30,600 13,100 20,300 Not Past 1-30 Days Balance Due Past Due 612,500 361,400 134,800 13,100 20,300 7,200 11,000 11,000 28,300 28,300 692,400 389,700 145,800 1% 6% Subtotals Conover Industries Keystone Company Moxie Creek Inc. Rainbow Company Swanson Company Totals Percentage uncollectible Allowance for Doubtful Accounts 7,200 62,300 25% 50,900 35% 43,700 50% 1% 6% E Aalesuance for Doutui DOD O O