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Whispering Company has accounts receivable of $108,600 at March 31, 2020. Credit terms are 2/10, 1/30. At March 31, 2020, there is a $1,500 credit

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Whispering Company has accounts receivable of $108,600 at March 31, 2020. Credit terms are 2/10, 1/30. At March 31, 2020, there is a $1,500 credit balance in Allowance for Doubtful Accounts 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. Balance Estimated Percentage Age of Accounts March 31 Uncollectible 2020 2019 Current $72,300 $75,000 496 1-30 days past due 18.200 8,000 7% 31-90 days past due 9,300 2.400 24% Over 90 days past due 8.800 1.100 55% $108,600 $86,500 Determine the total estimated uncollectibles Total estimated uncollectibles ty 30 88 64 II 2 A $ 4 3 % 5 & 7 6 8 9 0 E R T Y Y U O D F I J L V c V . N M

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