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Problem 8-3A Presented below is an aging schedule for Bosworth Company. Number of Days Past Due Not Yet Due Over 90 1-30 31-60 61-90 Customer
Problem 8-3A Presented below is an aging schedule for Bosworth Company. Number of Days Past Due Not Yet Due Over 90 1-30 31-60 61-90 Customer Aneesh Bird Cope DeSpears Others Total $25,300 43,100 60,700 37,900 139,000 $306,000 $9,300 $16,000 $ 43,100 8,300 8,300 $44,100 $37,900 $131,500 $49,600 $42,900 $44,100 $37,900 57% $ 3,945 $3,968$4,290$ 12,348$21,603 80,10032,00026,900 Estimated percentage uncollectible 390 8% 10% 28% Total estimated bad debts $46,154 At December 31, 2013, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $6,700
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