Hiroole Corporation prepares an aging schedule for its accounts receivable at the end of each month and records credit losses monthly. The following selected information is from Hiroole's partial aging schedule at the end of August: Number of Days Outstanding 0-30 days 31-60 days 61-90 days Over 90 days Total Accounts Receivable $264,000 82,000 44,000 19,000 $409,000 Estimated Percentage Uncollectible 1% 2% 9% 14% The unadjusted balance in Allowance for Expected Credit Losses is a debit of $4,300.

Hiroole Corporation prepares an aging schedule for its accounts receivable at the end of each month and records credit losses monthly. The following selected information is from Hiroole's partial aging schedule at the end of August: Number of Days Outstanding Estimated Percentage Accounts Receivable Uncollectible 0-30 days $264,000 1% 31-60 days 82,000 2% 61-90 days 44,000 9% Over 90 days 19,000 14% Total $409,000 The unadjusted balance in Allowance for Expected Credit Losses is a debit of $4,300.