Estimating Allowance for Doubtful Accounts Kirchhoff Industries has a past history of uncollectible accounts, as shown below Age Class Not past due 1-30 days past due 31-60 days past due 61-90 days past due Over 90 days past due Estimate the allowance for doubtful accounts, based on the aging of receivables schedule below Percent Uncollectible 0% 25 35 50 Kirchhoff Industries Aging of Receivables Schedule Customer Subtotals Conover Industries Keystone Company Moxie Creek Inc. Rainbow Company Swanson Company Totals Percentage uncollectible Balance 790,800 19,500 19,200 8,700 9,500 30,700 878,400 Not Past Due 1-30 Days Past Due 31-60 Days Past Due 61-90 Days Past Due Over 90 Days Past Due 466,600 174,000 71,200 39,500 39,500 19,500 19,200 8,700 9,500 30,700 497,300 2% 183,500 5% 79,900 2 % 58,700 3596 59,000 5096 Allowance for Doubtful Accounts