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C eBook Show Me How Calculator Estimating Doubtful Accounts Outlaw Bike Co. is a wholesaler of motorcycle supplies An aging of the company's accounts receivable on December 31, and a historical analysis of the percentage of uncollectible accounts in each age category are as follows: Age Class Balance Percent Uncollectible 1/2 $580,000 2 7 Not past due 1-30 days past de 31-60 days pastor 51-90 days paste 91-180 days past due Over 180 days past due 63,800 29,000 20,900 15.100 11,000 16 70 $719,800 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31 Percent Estimated Uncollectible Age Class Balance Uncollectible Account Amount Not past due $530,000 1/24 1-30 days past due 2 31-60 days pas due 29,000 7 Previous Next > Submit went for Grading MacBook Air Il 413) 12 M 110 OOO DOOR & * $ 4 % 5 8 6 C 9 E R Y 0 T P U F G H J . L 1/2 % Not past due 1-30 days past due $580,000 63,800 2 7 29,000 20,900 31-60 days past due 61-90 days past due 91-180 days past due 16 38 15,100 11,000 $719,800 70 Over 180 days past due Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31. Percent Estimated Uncollectible Age Class Balance Uncollectible Accounts Amount Not past due $580,000 1/29 1-30 days past due 63,800 2 31-60 days past due 29,000 7 20,900 16 61-90 days past due 91-180 days past due Over 180 days past due 15,100 38 11,000 70 Total $719,800 Check My Work Save and Submit Tv 09 MacBook Air DOO FS F7 FB 510 11 * $ 4 % 5 & 7 1 0 6 8 9

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