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Fin Hadora Company has accounts recolvable of $93.100 of March 31. Credit forms are 2/10. n/30. AI March 31. Allowance for Doubtful Accounts has a

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Fin Hadora Company has accounts recolvable of $93.100 of March 31. Credit forms are 2/10. n/30. AI March 31. Allowance for Doubtful Accounts has a credit balance of $1.200 prior to adjustment. The company uses the percentage of receivables basis for estimating uncollectible accounts. Use the below aging schedule to determine: Age of Accounts Balance, March 31 Estimated Percentage Uncollectible Finl $60.000 Time 1-30 days 31-60 days 17,600 5% 61-90 days 8.500 20% 50% Over 90 days 1.000 $93.100 Total The cash realizable value is $93.100 The Bad debt expense for the year is $7.280 The total estimated uncollectible is $8,480 o

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