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Evers Industries has a past history of uncollectible accounts, as follows. Age Class Percent Uncollectible Not past due 3% 130 days past due 4 3160
Evers Industries has a past history of uncollectible accounts, as follows.
Age Class | Percent Uncollectible |
---|---|
Not past due | 3% |
130 days past due | 4 |
3160 days past due | 15 |
6190 days past due | 33 |
Over 90 days past due | 86 |
Estimate the allowance for doubtful accounts, based on the aging of receivables information provided in the Aging of Receivables Schedule page.
Evers Industries |
Estimate of Allowance for Doubtful Accounts |
1 |
|
|
| Days Past Due | Days Past Due | Days Past Due | Days Past Due |
2 |
| Balance | Not Past Due | 1-30 | 31-60 | 61-90 | Over 90 |
3 | Total receivables | 1,150,100.00 | 618,800.00 | 233,100.00 | 118,000.00 | 105,800.00 | 74,400.00 |
4 | Percentage uncollectible |
| 3.0% | 4.0% | 15.0% | 33.0% | 86.0% |
5 | Allowance for doubtful accounts | ____________ | _____________ | _________ | ___________ | __________ |
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