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Problem 8-3A Presented below is an aging schedule for Bosworth Company. Number of Days Past Due Not Yet Over 1-30 31-60 61-90 Total Customer Due
Problem 8-3A Presented below is an aging schedule for Bosworth Company. Number of Days Past Due Not Yet Over 1-30 31-60 61-90 Total Customer Due 90 25,500 Aneesh 9,500 $16,000 Bird 45,400 45,400 59,500 6,400 $44,200 Cope 8,900 $41,000 De Spears 41,000 83,400 47,700 12,600 143,700 Others $315,100 $135,200 $66,100 $28,600 $44,200 $41,000 Estimated percentage 5% 6% 11% 22% 59% uncollectible 47,786 6,760 $3,966 $3,146 9,724 $24,190 Total estimated bad debts At December 31, 2013, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $6,600
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