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Nija Incorporated reports the following aging schedule of its accounts receivable with the estimated percent uncollectible. What is the total estimate of uncollectible accounts using

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Nija Incorporated reports the following aging schedule of its accounts receivable with the estimated percent uncollectible. What is the total estimate of uncollectible accounts using the aging method? Age Group 0-60 days 61-90 days More than 90 days past due Total Estimated Amount Percent Receivable Uncollectible $40,000 16 15,000 208 5,000 608 $60,000

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