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Johnstone Supplies, Inc. Accounts Receivable Aging Report, July 31, 2018 Accounts receivable by due date Account Total Estimated % uncollectible Not yet due $126,500 2%

Johnstone Supplies, Inc. Accounts Receivable Aging Report, July 31, 2018
Accounts receivable by due date Account Total Estimated % uncollectible
Not yet due $126,500 2%
1-30 days past due $89,200 12%
31-60 days past due $53,600 18%
Over 60 days past due $31,800 35%

If Johnstone Supplies, Inc., writes off $3,081 of un-collectible accounts during August, 2018, the unadjusted balance in the allowance for doubtful accounts account on August 31, 2018 will be:

Multiple Choice

  • $30,931.

  • $5,065.

  • $34,012.

  • $1,984.

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