A company has the following accounts receivable and estimates of uncollectible accounts:
Accou...
A company has the following accounts receivable and estimates of uncollectible accounts:
Accounts not yet due = $271,000; estimated uncollectible = 15%. Accounts 1–30 days past due = $33,900; estimated uncollectible = 18%.
Accounts 31–90 days past due = $27,100; estimated uncollectible = 21%
Compute the total estimated uncollectible accounts.
Estimated uncollectible accounts:
Answers: 3
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