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Percent Uncollectible Age Class 25 Not past due 2% 1-30 days past due 5 31-60 days past due 61-90 days past due 35 Over 90

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Percent Uncollectible Age Class 25 Not past due 2% 1-30 days past due 5 31-60 days past due 61-90 days past due 35 Over 90 days past due 50 Estimate the allowance for doubtful accounts, based on the aging of receivables schedule below. Kirchhoff Industries Aging of Receivables Schedule Customer Balance Subtotals Conover Industries Keystone Company Moxie Creek Inc. Rainbow Company Swanson Company Total receivables Percentage uncollectible Allowance for Doubtful Accounts 689,700 19,400 18,600 10,500 9,300 32,000 779,500 Not Past 1-30 Days 31-60 Days 61-90 Days Over 90 Days Due Past Due Past Due Past Due Past Due 406,900 151,700 62,100 34,500 34,500 19,400 18,600 10,500 9,300 32,000 438,900 161,000 72,600 53,100 53,900 2% 5% 25% 35% 50% X Feedback

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