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Prepare the Samsung Inc has customer accounts in its Accounts receivable subsidiary ledger. On September 31 2004, an aging schedule was prepared. The results are

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Prepare the Samsung Inc has customer accounts in its Accounts receivable subsidiary ledger. On September 31 2004, an aging schedule was prepared. The results are summarized below: GROUP AMOUNT UNCOLLECTIBLE % Estimated Uncollectible Accounts Not yet due Rs.200,000 2 1-30 days past due 120,000 5 31-60 days past due 130,000 15 61-90 days past due 200,000 30 Over 90 days past due 50,000 50 Required: Prepare a schedule to compute Estimated Uncollectible Accounts

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