Complete the given table. Number of Days Outstanding Accounts Receivable Estimated % Uncollectible Total Estimated Uncollected Accounts
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Complete the given table.
Number of Days Outstanding | Accounts Receivable | Estimated % Uncollectible | Total Estimated Uncollected Accounts | ||||||
---|---|---|---|---|---|---|---|---|---|
0–45 days | $752,000 | 2% | $enter a dollar amount | ||||||
46–90 days | 255,000 | 4% | enter a dollar amount | ||||||
Over 90 days | 118,000 | 15% | enter a dollar amount | ||||||
Total | $1,125,000 | $enter a total amount |
Related Book For
Financial Institutions Management A Risk Management Approach
ISBN: 978-0071051590
8th edition
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
Posted Date: