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The following aging information pertains to Jacobsen Co's accounts receivable at December 31, 2021 Days Outstanding Estimated Uncollectible 31 45 0-30 mount 5437,000 157.000 117,000
The following aging information pertains to Jacobsen Co's accounts receivable at December 31, 2021 Days Outstanding Estimated Uncollectible 31 45 0-30 mount 5437,000 157.000 117,000 13,000 31-60 61-120 over 120 188 During 2021. Jacobsen wrote of $19700 in receivables and recovered $7700 that had been written off in prior years. Jacobsen December 31, 2020, allowance for collectible accounts wes $48.500. Using the balance sheet approach, what amount of allowance for uncollectible accounts should Jacobsen reports December 31, 2017 Multiple Choice 530230 $6220 $34.000 $54,500
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