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Wildhorse Company has accounts receivable of $92,100 at March 31, 2025. Credit terms are 2/10, n/30. At March 31, 2025, there is a $2.100
Wildhorse Company has accounts receivable of $92,100 at March 31, 2025. Credit terms are 2/10, n/30. At March 31, 2025, there is a $2.100 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 bad debts are as shown below. Balance, March 31 Age of Accounts 2025 2024 Estimated Percentage Uncollectible Current $63,500 $80,330 1-30 days past due 11,700 7,610 31-90 days past due 10,300 2,480 31 Over 90 days past due 6,600 1,030 51 2525 2 % 5 $92,100 $91,450 (a) Determine the total estimated uncollectibles at March 31, 2025, Total estimated uncollectibles $
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