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Estimating Doubtful Accounts Sun Valley Rider International is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31, 20Y3,
Estimating Doubtful Accounts Sun Valley Rider International is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31, 20Y3, and a historical analysis of the percentage of uncollectible accounts in each age category are as follows: Age Interval Balance Percent Uncollectible Not past due $540,600 1% 1-30 days past due 186,700 6 31-60 days past due 76,400 61-90 days past due 42,400 91-180 days past due 23 20 30 45 65 Over 180 days past due 42,400 12,100 $860,600 Estimate what the balance of the allowance for doubtful accounts should be as of December 31, 2013. Enter your answers as positive amounts. Age Interval Estimated Uncollectible Amount Not past due 1-30 days past due 31-60 days past due 61-90 days past due 91-180 days past due $860,600 Estimate what the balance of the allowance for doubtful accounts should be as of December 31, 2013. Enter your answers as positive amounts. Estimated Uncollectible Amount Age Interval Not past due 1-30 days past due 31-60 days past due 61-90 days past due 91-180 days past due More than 180 days past due Total 000000
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