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Exercise 9-06 a-b (Part Level Submission) h Company has accounts receivable of $113,300 at March 31 r 2020. Credit terms are 2/10, n/30. At March
Exercise 9-06 a-b (Part Level Submission) h Company has accounts receivable of $113,300 at March 31 r 2020. Credit terms are 2/10, n/30. At March 31' 2020, there is a $1,500 credit balance in Allowance ror Doubtful Accounts prior to adjustment. The oampany use percentage-of-receivables basis for estimating uncollectible accounts. The company's estimate of bad debts is shown below. Estimated Percentage Uncollectible Balance Age of Accounts March 31 2020 2019 $76,100 $75,000 Current 1-30 days past due 31-90 days past due Over 90 days past due 2% 19,800 8,0D0 6% 9,600 2,400 25% 7,800 51% 1,100 $113,30D $86,5DO (a) Determine the total estimated uncollectibles Total estimated uncollectibles s SHOW LIST OF ACCOUNTS LINK TO TEXT Attempts: 0 of 3 used
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