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Whispering Winds Corp. has accounts receivable of $ 93,600 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a
Whispering Winds Corp. has accounts receivable of $ 93,600 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $ 2,216 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 estimates of uncollectibles are as shown below. Balance, March 31 Estimated Percentage Uncollectible Age of Accounts 2022 2021 Current $ 63,800 $ 69,450 2 % 1-30 days past due 12,200 7,740 5 31-90 days past due 10,000 2,630 30 Over 90 days past due 7,600 1,140 50 $ 93,600 $ 80,960 Determine the total estimated uncollectibles at March 31, 2022. The total estimated uncollectibles ta
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