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Following is a list of credit customers along with their amounts owed and the days past due at December 31. Also shown are five classifications
Following is a list of credit customers along with their amounts owed and the days past due at December 31. Also shown are five classifications of accounts receivable and estimated bad debts percent for each class.
Days Past Due | |||||
---|---|---|---|---|---|
0 | 1 to 30 | 31 to 60 | 61 to 90 | Over 90 | |
Percent uncollectible | 2% | 4% | 6% | 9% | 13% |
Customer | Accounts Receivable | Days Past Due |
---|---|---|
BCC Company | $ 5,000 | 12 |
Lannister Company | 2,000 | 0 |
Mike Properties | 6,000 | 101 |
Ted Reeves | 1,000 | 80 |
Jen Steffens | 3,000 | 38 |
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