Homework answers / question archive / Age Class Balance Percent Uncollectible Not past due $620,000 1/2 % 1-30 days past due 68,200 2 31-60 days past due 31,000 9 61-90 days past due 22,300 17 91-180 days past due 16,100 40 Over 180 days past due 11,800 80 $ 769,400 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31

Age Class Balance Percent Uncollectible Not past due $620,000 1/2 % 1-30 days past due 68,200 2 31-60 days past due 31,000 9 61-90 days past due 22,300 17 91-180 days past due 16,100 40 Over 180 days past due 11,800 80 $ 769,400 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31

Accounting

Share With

Age Class Balance Percent Uncollectible Not past due $620,000 1/2 % 1-30 days past due 68,200 2 31-60 days past due 31,000 9 61-90 days past due 22,300 17 91-180 days past due 16,100 40 Over 180 days past due 11,800 80 $ 769,400 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31. Percent Estimated Uncollectible Accounts Amount Age Class Balance Uncollectible Not past due $620,000 1/2% 1-30 days past due 68,200 2 31-60 days past due 31,000 9 61-90 days past due 22,300 17 91-180 days past due 16,100 40 Over 180 days past due 11,800 80 Total $ 769,400