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Exercise 3-5 Wildhorse Co. has accounts receivable of $92,000 at March 31, 2017. Credit terms...

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Exercise 3-5 Wildhorse Co. has accounts receivable of $92,000 at March 31, 2017. Credit terms are 2/10, 130. At March 31, 2017, there is a $2,230 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-ofreceivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below. Balance, March 31 Estimated - Percentage Age of Accounts 2017 2016 Uncollectible Current 561,600 $78,910 1-30 days past due 14,100 7,420 31-90 days past due 9,500 2,280 Over 90 days past due 6.800 1.200 592,000 $09,810 Determine the total estimated uncollectibles to search 11/15/2019 select then *, and drag to the Favorites Bar folder. Or import from another browser. Import favorites PLUS LII Kimmel, Accounting, 6e Help System Announcements 2% Balance, March 31 Estimated - Percentage Age of Accounts 2017 2016 Uncollectible Current $61,600 $78,910 1-30 days past due 14,100 7,420 31-90 days past due 9,500 2,280 Over 90 days past due 6,800 1,200 $92,000 $89,810 lon) 8-10 Submission) Determine the total estimated uncollectibles. alts by tive The total estimated uncollectibles SHOW LIST OF ACCOUNTS Type here to search

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