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Presented below is an aging schedule for Crane Company at December 31, 2024. Aneesh Bird Customer Cope DeSpears Others Estimated percentage uncollectible Total estimated bad
Presented below is an aging schedule for Crane Company at December 31, 2024. Aneesh Bird Customer Cope DeSpears Others Estimated percentage uncollectible Total estimated bad debts Total $ 24,800 28,000 47,800 40,300 109,700 $250,600 $44,721 Not Yet Due $ 28,000 5,400 65,400 $98,800 3% $2,964 1-30 $9,000 5,300 6% Number of Days Past Due $2,760 31-60 $15,800 31,700 $46,000 $28,400 $37,100 12,600 11% 61-90 $3,124 $37,100 25% Over 90 $40,300 $40,300 At December 31, 2024, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $7,600. 66% $9,275 $26,598
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