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The manager asks you to assist her with the data analytics on bad debts expense at year-end. To do this, you access the following Tableau

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The manager asks you to assist her with the data analytics on bad debts expense at year-end. To do this, you access the following Tableau Dashboard for your company. Makeup of Current Assets Cash Accounts Receivable Inventory Supplies Value ($) Accounts Receivable by Age Over 90 days past due 61.90 days past due 31-60 days past due 1-30 days past due Not yet due $200,000 $600,000 $800,000 $400,000 Accounts Receivable ($) Percent Uncollectible by Age Makeup of Total Sales 70% Cash Sales 60% 50% 10% Estimated Percent Uncollectible 30% Credit Sales 10% Percent Uncollectible by Accounts Credit Sales 1% Accounts Receivable 5% 0% Not yet due 1-30 days past due 31-60 days past due 61-90 days Over 90 days past due past due * tableau - - TO 1. Estimate the balance of the Allowance for Doubtful Accounts using percent of sales method. Assume a $0 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for credit sales. 2. Estimate the balance of the Allowance for Doubtful Accounts using percent of receivables method. Assume a $0 existing balance in Allowance for Doubtful Accounts. Hint: Identify the percent of uncollectible for accounts receivable. 3. Estimate the balance of the Allowance for Doubtful Accounts using aging of accounts receivable. Assume a $0 existing balance in Allowance for Doubtful Accounts. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Estimate the balance of the Allowance for Doubtful Accounts using aging of accounts receivable. Assume a $0 existing balance in Allowance for Doubtful Accounts. Accounts Percent receivable uncollectible (%) Not yet due 1 to 30: 31 to 60 61 to 90 Over 90 Estimated balance of allowance for uncollectibles

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