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Please help! It would be greatly appreciated! Exercise 8-5 Bridgeport Corp. has accounts receivable of $93,200 at March 31, 2017, Credit terms are 2/10, n/30.
Please help! It would be greatly appreciated!
Exercise 8-5 Bridgeport Corp. has accounts receivable of $93,200 at March 31, 2017, Credit terms are 2/10, n/30. At March 31, 2017, there is a $2,188 credit balance in Allowance or Doubtful Accounts prior to ad ustment. The company uses the percentage o receivables bas forest matin unco ectible acc nts.The compan estimates of bad debts are as shown below. Balance, March 31 Estimated Percentage Age of Accounts 20172016 Uncollectible Current 1-30 days past due 13,900 31-90 days past due 10,700 2,590 Over 90 days past due_ 6,8001,210 $61,800 $72,930 7,310 2% 29 45 $93,200 $84,040 Determine the total estimated uncollectibles. The total estimated uncollectibles SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: APPLIED SKILLS VIDEO: SIMILAR EXERCISE
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