hospitality accounts 18

Accounts Receivable Aging Schedule At the end of year (December 31, 2020), a junior accountant for Atlanta Hotel was preparing an aging analysis of accounts receivable. At the top of page 6 of the report, the following information appeared as shown in the table. Q Zoom From past experience, the company has found that the following rates are realistic for estimating uncollectible accounts: Time Percentage Considered Uncollectible Not yet due LO 1-30 days past due 31-60 days past due 20 61-90 days past due 30 Over 90 days past due Required: 1. Complete the accounts receivable aging table as shown in the table. 2. Calculate the estimated bad debt amount