- Ebook Show Me How Print Item Estimating Allowance For Doubtful Accounts Kirchhoff Industries Has A Past History Of Uncol 1 (42.78 KiB) Viewed 21 times
eBOOK Show Me How Print Item Estimating Allowance for Doubtful Accounts Kirchhoff Industries has a past history of uncollectible accounts, as shown below. Percent Age Class Uncollectible Not past due 2% 1-30 days past due 5 31-60 days past due 25 61-90 days past due 35 Over 90 days past due 50 Estimate the allowance for doubtful accounts, based on the aging of receivables schedule below Kirchhoff Industries Aging of Receivables Schedule Customer Subtotals Conover Industries Keystone Company Moxle Creek Inc. Rainbow Company Swanson Company Total receivables Percentage uncollectible Not Past 1-30 Days 31-60 Days 61-90 Days Over 90 Days Balance Due Past Due Past Due Past Due Past Due 764,800 451,200 168,300 68,810 38,200 38,300 17,600 17,600 20,700 20,700 10,100 10,100 8,400 8,400 29,200 29,200 850,800 480,400 176,700 78,900 58,900 55,900 2% 5% 25% 359 50% 0 Allowance for Doubtful Accounts