Q4(6marks)

At the beginning of a year, the accounts of a company include the following:

Accounts Receivable---$145,000 Allowance for Bad Debts---$3,900

Wrote off accounts receivable as uncollectible debts: Company A--$1,900, Company B --$2,100, Company C--$1,500

Record bad debts expense based on the aging of accounts receivable method as follows:

	Age of accounts
Accounts receivable	1-30 days	31-60 days	61-90 days	Over 90days
$200,000	100,000	45,000	25,000	30,000
	1%	3%	10%	20%