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Kingbird Inc. determines that at the end of December, they have the following aging schedule of Accounts Receivable: Customer K. Perry J. Montgomery C. Klein
Kingbird Inc. determines that at the end of December, they have the following aging schedule of Accounts Receivable: Customer K. Perry J. Montgomery C. Klein C. Sheen % Uncollectible Total $900 300 200 600 ? Not yet due 100 600 700 1 % Total estimated uncollectible accounts Number of Days Past Due $ 1-30 $300 300 5 % 31-60 $600 50 650 10 % 61-90 200 200 25 % Over 90 150 150 Compute the total estimated uncollectible accounts based on the above information at the end of December. 50 %
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