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Presented below is an aging schedule for Ivanhoe Company at December 31, 2024. Aneesh Bird Cope Customer DeSpears Others Estimated percentage uncollectible Total estimated bad
Presented below is an aging schedule for Ivanhoe Company at December 31, 2024. Aneesh Bird Cope Customer DeSpears Others Estimated percentage uncollectible Total estimated bad debts Total $23,700 27,900 53,500 38,500 126,300 $269,900 $44,562 Not Yet Due $ 27,900 4,900 77,500 $110,300 3% $3,309 1-30 $8,700 4,900 36,600 $50,200 8% $4,016 Number of Days Past Due 31-60 $15,000 12,200 $27,200 12% $3,264 61-90 $43,700 $43,700 24% $10,488 At December 31, 2024, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $7,900. Over 90 $38,500 $38,500 61% $23,485
journal entry for each date
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