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Shamrock, Inc. has accounts receivable of $120.204 at March 31, 2022. At March 31, 2022, there is a $2,646 balance in Allowance for Doubtful Accounts
Shamrock, Inc. has accounts receivable of $120.204 at March 31, 2022. At March 31, 2022, there is a $2,646 balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below. Balance, March 31 2022 2021 $81,900 $94,500 Estimated Percentage Uncollectible 2 % Age of Accounts Current 1-30 days past due 31-90 days past due Over 90 days past due 16,300 10,080 5 12.680 3,024 30 9.324 1,386 50 $120.204 $ 108,990 (a) Determine the total estimated uncollectibles. The total estimated uncollectibles
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