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Exercise 9-06 a-b (Part Level Submission) Tamarisk Company has accounts receivable of $110,900 at March 31, 2020. Credit terms are 2/10, n/30. At March 31,
Exercise 9-06 a-b (Part Level Submission) Tamarisk Company has accounts receivable of $110,900 at March 31, 2020. Credit terms are 2/10, n/30. At March 31, 2020, there is a $1,300 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the 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 Current $75,100 $75,000 1-30 days past due 19,000 8,000 31-90 days past due 8,600 2,400 Over 90 days past due 8,200 1,100 $110,900 $86,500 4% 7% 24% 55% (a) Determine the total estimated uncollectibles. Total estimated uncollectibles Click If you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you eam points based on the Point Potential Policy set by your instructor Attempts: 0 of 2 used SAVE FOR LATER SUBMIT ANSWER Earn Maximum Points available only if you answer this question correctly in your first attempt
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