Kate Miller owns a dance studio in Los Angeles, California.
Unfortunately, many of Kates students are struggling actors and actresses who lack the ability to pay
There currently exists a balance in the allowance for uncollectible accounts totaling $2,700.
Age	Accounts Receivable	Historical Estimate
Classification	Outstanding Balance	of Non-Collection
030 days	44,000	4%
3160 days	31,000	8%
6190 days	22,000	12%
91120 days	$13,000	14%
121150 days	9,000	20%
> 150 days	5,000	50%
Kate writes off all receivables having a very low probability of collection (those accounts over 150 days). What balance sheet accounts will be affected, and in what amount?
Indicate which balance sheet accounts will be affected by choosing Yes or No for each account:
If an acount is a 'yes' place the dollar value in the column next to Y/N
	Yes / No	$ Amount
Net revenue
Accounts receivable
Bad debt expense
Allowance for uncoll. Acc