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Hadara Company has accounts receivable of $93,100 at March 31. Credit terms are 2/10, n/30. At March 31, Allowance for Doubtful Accounts has a credit

Hadara Company has accounts receivable of $93,100 at March 31. Credit terms are 2/10, n/30. At 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
130 days
$60,000
2%
3160 days
17,600
5%
6190 days
8,500
20%
Over 90 days
7,000
50%
Total
$93,100
The Bad debt expense for the year is
Answer 1
The cash realizable value is
Answer 2
The total estimated uncollectible is
answer3

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