llowance for Ibtful accounts, 12.815 EX 8-9 Estimating allowance for doubtful accounts OBL Waddell Industries has a past history of uncollectible accounts, as follows. Estimate the allowance for doubtful accounts, based on the aging of receivables schedule you com- pleted in Exercise 8-8. Percent Uncollectible Age Class Not past due 1-30 days past due 31-60 days past due 61-90 days past due Over 90 days past due OB. EX 8-8 Aging of receivables schedule The accounts receivable cerk for Waddell Industries prepared the following partially completed aging of receivables schedule as of the end of business on August 31: A B C D E F G Days Post Du Past 3 Customer Se Due130351- 19 Am industries in 3,000 3000 Alice Company 4500 21 Zgromny S000 1000000 220000115.000 The following accounts were unintentionally omitted from the aging schedule and not included in the preceding subotas Due De Budes industries So homom 21.00 June 20 Generic 7.500 July 13 Lockwood Company 14.000 September Teton Company 13.000 August Dengine the number of days past due for each of the preceding accounts of A . Complete the ging of receivables schedule by adding the o ne to the bom the schedule and updating the Allowance for det. $143.815 EX89 Estimating allowance for doubtful accounts Waddell Industries has a past history of uncollectie accounts, follow Estimate the allowance for doubtful set , based on the ofreceivables schedule you pleted in En 13 31-60 d est du 61 days paste Over de due llowance for Ibtful accounts, 12.815 EX 8-9 Estimating allowance for doubtful accounts OBL Waddell Industries has a past history of uncollectible accounts, as follows. Estimate the allowance for doubtful accounts, based on the aging of receivables schedule you com- pleted in Exercise 8-8. Percent Uncollectible Age Class Not past due 1-30 days past due 31-60 days past due 61-90 days past due Over 90 days past due OB. EX 8-8 Aging of receivables schedule The accounts receivable cerk for Waddell Industries prepared the following partially completed aging of receivables schedule as of the end of business on August 31: A B C D E F G Days Post Du Past 3 Customer Se Due130351- 19 Am industries in 3,000 3000 Alice Company 4500 21 Zgromny S000 1000000 220000115.000 The following accounts were unintentionally omitted from the aging schedule and not included in the preceding subotas Due De Budes industries So homom 21.00 June 20 Generic 7.500 July 13 Lockwood Company 14.000 September Teton Company 13.000 August Dengine the number of days past due for each of the preceding accounts of A . Complete the ging of receivables schedule by adding the o ne to the bom the schedule and updating the Allowance for det. $143.815 EX89 Estimating allowance for doubtful accounts Waddell Industries has a past history of uncollectie accounts, follow Estimate the allowance for doubtful set , based on the ofreceivables schedule you pleted in En 13 31-60 d est du 61 days paste Over de due
