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Question 7 3.5 pts At January 1, 2019, ABC Company reported on allowance for doubtful accounts with a $3,500 credit balance. During 2019, ABC Company
Question 7 3.5 pts At January 1, 2019, ABC Company reported on allowance for doubtful accounts with a $3,500 credit balance. During 2019, ABC Company did not write-off any accounts receivable as uncollectible; however, ABC did record recoveries of previously written off accounts receivable totaling $1,000. ABC Company prepared the following aging schedule at December 31, 2019: X Uncollectible Accounts Receivable not past due 5103,660 1-30 days past due 31,600 31-60 days past due 61-90 days past due 23,400 over 90 days post due 2,800 Based on the above information, ABC Company estimated its bad debt expense to be 55,800 for 2019. It is known that the net realizable value of ABC Company's accounts receivable at December 31, 2019 amounted to $153,075. Calculate the percentage expected to be uncollectible for the accounts receivable that were 61-90 days past due. Enter your ansaer as a whole number i.e. 10). Do not enter your answer as a decimal (i.e. 18). Do not enter your answer with the percentage symbol included i.e., 10%)
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