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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
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$30,931.
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$5,065.
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$34,012.
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$1,984.
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