The September 30, 2017 records of First Report Communications include these accounts Accounts Receivable 242,000 Allowance for Doubtful Accounts (8,000) During the year, First Report Communications estimates doubtful-account expense at 1% of credit sales. At year-end (December 31), the company ages its receivables and adjusts the balance in the Allowance for Doubtful Accounts to correspond to the aging schedule. During the last quarter of 2017, the company completed the following selected transactions More Info first, then credits. Nov 30 Wrote off as uncollectible the $1,500 account receivable from Brown Carpets and the $800 account receivable from Retired Antiques. es Dec 31 Adjusted the Allowance for Doubtful Accounts and recorded doubtful-account expense at year-end, based on the aging of receivables. More Info Age of Accounts Adjusted the Allowance for D Accounts Receivable 1-30 Days 31-60 Days 61-90 Days Over 90 Days 28,000 $230,000 132,000 53,000 17,000 Date Estimated percent uncollectible 0.2% 2% 15% 35% Dec 31