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nugusL 1. b. Complete the aging of receivables schedule by adding the omitted accounts to the bottom of the schedule and updating the totals EX

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nugusL 1. b. Complete the aging of receivables schedule by adding the omitted accounts to the bottom of the schedule and updating the totals EX 9-9 Estimating allowance for doubtful accounts Kirchhoff 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 9-8 OBJ. 4 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 2% 18 40 75 EX 9-10 Adjustment for uncollectible accounts Using data in Exercise 9-9, assume that the allowance for doubtful accounts for Kirchhoff OBJ. 4 1/4/2018 nugusL 1. b. Complete the aging of receivables schedule by adding the omitted accounts to the bottom of the schedule and updating the totals EX 9-9 Estimating allowance for doubtful accounts Kirchhoff 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 9-8 OBJ. 4 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 2% 18 40 75 EX 9-10 Adjustment for uncollectible accounts Using data in Exercise 9-9, assume that the allowance for doubtful accounts for Kirchhoff OBJ. 4 1/4/2018

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