ESTIMATED UNCOLLECTIBLE ACCOUNTS ESTIMATED % ALLOWANCE FOR AMOUNT UNCOLLECTIBLE

Question

ESTIMATED UNCOLLECTIBLE   ACCOUNTS

ESTIMATED %

ALLOWANCE FOR

AMOUNT

UNCOLLECTIBLE

DOUBTFUL ACCOUNTS

NOT DUE

$56,000.00

1

0-30 DAYS PAST DUE

$36,000.00

5

31-60 DAYS PAST DUE

$29,000.00

9

61-180 DAYS PAST DUE

$6,000.00

19

OVER 180 DAYS PAST DUE

$1,800.00

TOTALS

  

     

     

     

ESTIMATED UNCOLLECTIBLE   ACCOUNTS

     

     

     

     

     

     

     

     

     

     

     

ESTIMATED %

     

ALLOWANCE FOR

     

     

     

     

     

AMOUNT

     

UNCOLLECTIBLE

     

DOUBTFUL ACCOUNTS

     

NOT DUE

     

     

     

     

$56,000.00

     

1

     

     

0-30 DAYS PAST DUE

     

     

     

$36,000.00

     

5

     

     

31-60 DAYS PAST DUE

     

     

$29,000.00

     

9

     

     

61-180 DAYS PAST DUE

     

     

$6,000.00

     

19

     

     

OVER 180 DAYS PAST DUE

     

     

$1,800.00

     

     

     

TOTALS

     

     

     

     

     

     

  

Explanation / Answer

ESTIMATED UNCOLLECTIBLE ACCOUNTS

ESTIMATED %

ALLOWANCE FOR

AMOUNT

UNCOLLECTIBLE

DOUBTFUL ACCOUNTS

NOT DUE

$56,000.00

1

560

0-30 DAYS PAST DUE

$36,000.00

5

1800

31-60 DAYS PAST DUE

$29,000.00

9

2610

61-180 DAYS PAST DUE

$6,000.00

19

1140

OVER 180 DAYS PAST DUE

$1,800.00

TOTALS

6110

ESTIMATED UNCOLLECTIBLE ACCOUNTS

ESTIMATED %

ALLOWANCE FOR

AMOUNT

UNCOLLECTIBLE

DOUBTFUL ACCOUNTS

NOT DUE

$56,000.00

1

560

0-30 DAYS PAST DUE

$36,000.00

5

1800

31-60 DAYS PAST DUE

$29,000.00

9

2610

61-180 DAYS PAST DUE

$6,000.00

19

1140

OVER 180 DAYS PAST DUE

$1,800.00

TOTALS

6110

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