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Percent uncollectible 0 1 to 30 2% 4% Days Past Due 31 to 60 6% 61 to 90 Over 90 9% 13% Customer BCC
Percent uncollectible 0 1 to 30 2% 4% Days Past Due 31 to 60 6% 61 to 90 Over 90 9% 13% Customer BCC Company Lannister Company Mike Properties Ted Reeves Jen Steffens Accounts Receivable Days Past Due $ 5,000 12 2,000 0 6,000 101 1,000 3,000 80 38 1. Create an aging of accounts receivable schedule of accounts receivable by age similar to the table given above. Calculate the estimated balance for the Allowance for Doubtful Accounts. 2. Assuming an unadjusted credit balance of $200, record the required adjustment to the Allowance for Doubtful Accounts.
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