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Weygandt, Accounting Principles, 12e PRIN OF ACCOUNTING (BTA 11 1 /1 ice Assignment Gradebook ORION Downloadable eTextbook ent NEX Exercise 9-4 Monge Company has accounts

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Weygandt, Accounting Principles, 12e PRIN OF ACCOUNTING (BTA 11 1 /1 ice Assignment Gradebook ORION Downloadable eTextbook ent NEX Exercise 9-4 Monge Company has accounts receivable of $93,100 at March 31. Credt terms are 2/10, n/30. At March 31,Alowance for Daubtul acsort's hon a eft ba of $1,200 prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimate of bad debts is shown below Estimated Age of Balance, Percentage Accounts March 31 Uncollectible 1-30 days $60,000 2% 31-60 days 17,600 5% 61-90 days 8,500 20% over 90 days 7,000 50% 93,100 Determine the total estimated uncollectibles Total estimated uncollectibles T OF LINK TO TEXT

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