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Help Seves Tableau DA 7-2: Percent of sales method, percent of receivables method, and aging of receivables method LO P3 Check The manager asks you
Help Seves Tableau DA 7-2: Percent of sales method, percent of receivables method, and aging of receivables method LO P3 Check The manager asks you to assist her with the data analytics on bad debts expense at year-end. To do this, you access the following Tableau Dashboard for your company Makeup of Current Assets Cash Accounts Receivable Inventory Supplies Value (5) Accounts Receivable by Age Over 90 days past due 61 90 days past de 31-60 days past due 120 days past due Not yet due $200.000 $400.000 Accounts Receivable (8) S000.000 Percent Uncollectible by Age Makeup of Total Sales Cash Sales Proy 1 of 1 Now Accounts Receivable (5) Percent Uncollectible by Age Makeup of Total Sales Help Sea 70% Check my Cash Sales Estimated Percent Uncollectible Credit Sale Percent Uncollectible by Accounts Credit Sales Accounts Receivable 5 1-30 days 31-60 days past due 61-90 mys Over 90 days past due past due past due tableau 1. Estimate the balance of the Allowance for Doubtful Accounts using percent of sales method. Assume a 50 existing balance in Allowance for Doubtful Accounts Hint: Identify the percent of uncollectible for credit sales 2. Estimate the balance of the Allowance for Doubtful Accounts using percent of receivables method. Assume a $o existing balance in Allowance for Doubtful Accounts in Identify the percent of uncollectible for accounts receivable 3. Estimate the balance of the Allowance for Doubtful Accounts using aging of accounts receivable Assume a $0 existing balance in Allowance for Doubtful Accounts Complete this question by entering your answers in the tabs below. Reg 1 and 2 Rea 3 1. Estimate the balance of the Allowance for Doubtful Accounts using percent of sales method. Assume a 30 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for credit sales. 2. Estimate the balance of the Allowance for Doubtful Accounts using sercent of receivables method. Assume a so existina E N 1 of 1 2 Next > It due Accounts Receivable 196 59 1. Estimate the balance of the Allowance for Doubtful Accounts using percent of sales method. Assume a 50 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for credit sales. 2. Estimate the balance of the Allowance for Doubtful Accounts using percent of receivables method. Assume a 50 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for accounts receivable. 3. Estimate the balance of the Allowance for Doubtful Accounts using aging of accounts receivable. Assume a 50 existing balance in Allowance for Doubtful Accounts. Complete this question by entering your answers in the tabs below. Red 1 and 2 Reg 3 1. Estimate the balance of the Allowance for Doubtful Accounts using percent of sales method. Assume a 50 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for credit sales 2. Estimate the balance of the Allowance for Doubtful Accounts using percent of receivables method. Assume a 50 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for accounts receivable. Show less 1. Estimate the balance of the Allowance for Doublul Accounts 2. Estimate the balance of the Allowance for Doubtful Accounts Req3 > 1 of 1 Next > Help Seves Tableau DA 7-2: Percent of sales method, percent of receivables method, and aging of receivables method LO P3 Check The manager asks you to assist her with the data analytics on bad debts expense at year-end. To do this, you access the following Tableau Dashboard for your company Makeup of Current Assets Cash Accounts Receivable Inventory Supplies Value (5) Accounts Receivable by Age Over 90 days past due 61 90 days past de 31-60 days past due 120 days past due Not yet due $200.000 $400.000 Accounts Receivable (8) S000.000 Percent Uncollectible by Age Makeup of Total Sales Cash Sales Proy 1 of 1 Now Accounts Receivable (5) Percent Uncollectible by Age Makeup of Total Sales Help Sea 70% Check my Cash Sales Estimated Percent Uncollectible Credit Sale Percent Uncollectible by Accounts Credit Sales Accounts Receivable 5 1-30 days 31-60 days past due 61-90 mys Over 90 days past due past due past due tableau 1. Estimate the balance of the Allowance for Doubtful Accounts using percent of sales method. Assume a 50 existing balance in Allowance for Doubtful Accounts Hint: Identify the percent of uncollectible for credit sales 2. Estimate the balance of the Allowance for Doubtful Accounts using percent of receivables method. Assume a $o existing balance in Allowance for Doubtful Accounts in Identify the percent of uncollectible for accounts receivable 3. Estimate the balance of the Allowance for Doubtful Accounts using aging of accounts receivable Assume a $0 existing balance in Allowance for Doubtful Accounts Complete this question by entering your answers in the tabs below. Reg 1 and 2 Rea 3 1. Estimate the balance of the Allowance for Doubtful Accounts using percent of sales method. Assume a 30 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for credit sales. 2. Estimate the balance of the Allowance for Doubtful Accounts using sercent of receivables method. Assume a so existina E N 1 of 1 2 Next > It due Accounts Receivable 196 59 1. Estimate the balance of the Allowance for Doubtful Accounts using percent of sales method. Assume a 50 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for credit sales. 2. Estimate the balance of the Allowance for Doubtful Accounts using percent of receivables method. Assume a 50 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for accounts receivable. 3. Estimate the balance of the Allowance for Doubtful Accounts using aging of accounts receivable. Assume a 50 existing balance in Allowance for Doubtful Accounts. Complete this question by entering your answers in the tabs below. Red 1 and 2 Reg 3 1. Estimate the balance of the Allowance for Doubtful Accounts using percent of sales method. Assume a 50 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for credit sales 2. Estimate the balance of the Allowance for Doubtful Accounts using percent of receivables method. Assume a 50 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for accounts receivable. Show less 1. Estimate the balance of the Allowance for Doublul Accounts 2. Estimate the balance of the Allowance for Doubtful Accounts Req3 > 1 of 1 Next >
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