bad debt expense. The credit department has prepared for you a list of your accounts...
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bad debt expense. The credit department has prepared for you a list of your accounts receivables with their respective ages. Accounts Receivable as of 12/31/2022 Amounts A $ 52,000 Not yet due B $ 35,000 Not yet due C $ 21,000 5 days past due D $ 46,000 32 days past due E $ 9,000 50 days past due F $ 4,000 67 days past due The credit department estimates the following percentage of uncollectible accounts receivable by age: Status Estimated % of Uncollectiable Accounts Receivable Not yet due 1.50% 1-30 days past due 5% 31-60 days past due 20% > 60 days past due 60% Accounts (AFDA) had a credit balance of $12.450 (as of 01/01/2022). signs or commas)
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