Required information

[The following information applies to the questions displayed below.]

Facial Cosmetics provides plastic surgery primarily to hide the appearance of unwanted scars and other blemishes. During 2021, the company provides services of $401,000 on account. Of this amount, $51,000 remains uncollected at the end of the year. An aging schedule as of December 31, 2021, is provided below.

Age Group

Amount Receivable

Estimated Percent Uncollectible

Not yet due

$

31,000

3

%

0-30 days past due

10,100

4

%

3160 days past due

7,100

11

%

More than 60 days past due

2,800

25

%

Total

$

51,000

Required:

1. Calculate the allowance for uncollectible accounts.

Age Group	Estimated Amount Uncollectible
Not yet due
030 days past due
3160 days past due
More than 60 days past due
Total	$0