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Nancy Co. sells Christmas angels. Nancy determines that at the end of December, they have the following aging schedule of Accounts Receivable: Customer Total 61-90

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Nancy Co. sells Christmas angels. Nancy determines that at the end of December, they have the following aging schedule of Accounts Receivable: Customer Total 61-90 Over 90 Number of Days Past Due Not yet due 1-30 $300 100 31-60 $600 K. Brant $900 300 600 D. Eaton S Klein C.Sheen 200 100 50 500 600 ? 600 300 650 600 25 % 100 50 % 1 % % Uncollectible 10 % 5 % Compute the total estimated uncollectible accounts based on the above information at the end of December $ Total estimated uncollectible accounts

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