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On March 1st of the current year, the company had a beginning balance in its allowance for doubtful account of $10,000 credit. During March, the
On March 1st of the current year, the company had a beginning balance in its allowance for doubtful account of $10,000 credit. During March, the company also wrote-off $6,000 of bad debt as uncollectible. At the end of March, the company had an outstanding balance of $140,000 of accounts receivables. Days past due Ending A/R Amount % Estimated as Uncollectible Not due yet $90,000 2% Past due 1 - 90 days $45,000 10% Pat due over 90 days $5,000 47% Using the aging method, how much bad debt expense does the company need to record for March
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