Problem #3: Calculate schedule of receivables.

Below is an aging schedule of AR for Cowboy Cafeteria Supplies Inc. See HW sheet turn-in for the questions.

Age of Accounts

12/31/17 Balance

Estimated % Uncollectible

Current

$32,100

2%

1-30 days past due

11,725

6%

31-60 days past due

8,850

25%

61-90 days past due

6,400

45%

Over 90 days past due

4,750

55%

Problem #3: Calculate schedule of receivables. Below is an aging schedule of AR for Cowboy Cafeteria Supplies Inc. See HW sheet turn-in for the questions.

Age of Accounts	12/31/17 Balance	Estimated % Uncollectible
Current	$32,100	2%
1-30 days past due	11,725	6%
31-60 days past due	8,850	25%
61-90 days past due	6,400	45%
Over 90 days past due	4,750	55%

Problem #3: Calculate schedule of receivables. Below is an aging schedule of AR for Cowboy Cafeteria Supplies Inc. See HW sheet turn-in for the questions. Age of Accounts 12/31/17 Balance Estim ated % Uncollectible Current 1-30 days past due 11,725 31-60 days past due 8,850 61-90 days past due 6,400 Over 90 days past due 4,750 $32,100 2% 6% 25% 45% 55%