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Presented below is an aging schedule for Pharoah Company. Customer...

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Question

Accounting

Presented below is an aging schedule for Pharoah Company.

Customer

Total

Not Yet Due

Number of Days Past Due

130

3160

6190

Over 90

Aneesh

 $ 22,000 $ 8,400 $ 13,600

Bird

 30,400 $ 30,400

Cope

 46,800 4,600 4,900 $ 37,300

DeSpears

 35,600 $ 35,600

Others

115,300

65,700

36,300

13,300

$ 250,100

$ 100,700

$ 49,600

$ 26,900

$ 37,300

$ 35,600

Estimated percentage uncollectible

3%

7%

11%

24%

58%

Total estimated bad debts

$ 39,052

$ 3,021

$ 3,472

$ 2,959

$ 8,952

$ 20,648

At December 31, 2016, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $ 8,300.

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