A review of open invoices of Sketchers Inc. results in the following report. Date Invoice Amount...

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A review of open invoices of Sketchers Inc. results in the following report. Date Invoice Amount (Each from this year) # 496 $1,018.84 5-Dec # 495 1,523.94 2-Dec # 427 609.24 5-Nov #100 242.36 28-Jun # 300 1,647.62 3-Oct # 410 1,489.46 31-Oct #204 139.32 25-Aug # 498 1,690.76 28-Dec # 499 613.66 28-Dec # 487 1,660.62 28-Nov #310 461.44 8-Oct #178 1,429.36 7-Aug # 497 744.52 5-Dec # 488 317.56 29-Nov # 105 41.62 5-Jul $13,630.32 Required a. Organize the list of open invoices as of December 31 into a table with the following aging categories across the top: (1) less than 30 days, (2) 31-60 days, (3) 60–90 days, and (4) greater than 90 days. b. Assume that the company estimates the allowance for doubtful accounts based upon the following percentages applied to the appropriate aging categories: (1) 1% for less than 30 days, (2) 5% for 31-60 days, (3) 30% for 60-90 days, and (4) 60% for greater than 90 days. What is the ending allowance for doubtful accounts as estimated by the company? Complete the following table to complete requirements of parts a and b. Note: For each of the dollar amounts that you enter into the table below, round to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. Less than Greater than 31-60 Days 60-90 Days 30 days 90 Days Total Total Receivables Percentage 96 06 Estimated Uncollectibles $ A review of open invoices of Sketchers Inc. results in the following report. Date Invoice Amount (Each from this year) # 496 $1,018.84 5-Dec # 495 1,523.94 2-Dec # 427 609.24 5-Nov #100 242.36 28-Jun # 300 1,647.62 3-Oct # 410 1,489.46 31-Oct #204 139.32 25-Aug # 498 1,690.76 28-Dec # 499 613.66 28-Dec # 487 1,660.62 28-Nov #310 461.44 8-Oct #178 1,429.36 7-Aug # 497 744.52 5-Dec # 488 317.56 29-Nov # 105 41.62 5-Jul $13,630.32 Required a. Organize the list of open invoices as of December 31 into a table with the following aging categories across the top: (1) less than 30 days, (2) 31-60 days, (3) 60–90 days, and (4) greater than 90 days. b. Assume that the company estimates the allowance for doubtful accounts based upon the following percentages applied to the appropriate aging categories: (1) 1% for less than 30 days, (2) 5% for 31-60 days, (3) 30% for 60-90 days, and (4) 60% for greater than 90 days. What is the ending allowance for doubtful accounts as estimated by the company? Complete the following table to complete requirements of parts a and b. Note: For each of the dollar amounts that you enter into the table below, round to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. Less than Greater than 31-60 Days 60-90 Days 30 days 90 Days Total Total Receivables Percentage 96 06 Estimated Uncollectibles $ A review of open invoices of Sketchers Inc. results in the following report. Date Invoice Amount (Each from this year) # 496 $1,018.84 5-Dec # 495 1,523.94 2-Dec # 427 609.24 5-Nov #100 242.36 28-Jun # 300 1,647.62 3-Oct # 410 1,489.46 31-Oct #204 139.32 25-Aug # 498 1,690.76 28-Dec # 499 613.66 28-Dec # 487 1,660.62 28-Nov #310 461.44 8-Oct #178 1,429.36 7-Aug # 497 744.52 5-Dec # 488 317.56 29-Nov # 105 41.62 5-Jul $13,630.32 Required a. Organize the list of open invoices as of December 31 into a table with the following aging categories across the top: (1) less than 30 days, (2) 31-60 days, (3) 60–90 days, and (4) greater than 90 days. b. Assume that the company estimates the allowance for doubtful accounts based upon the following percentages applied to the appropriate aging categories: (1) 1% for less than 30 days, (2) 5% for 31-60 days, (3) 30% for 60-90 days, and (4) 60% for greater than 90 days. What is the ending allowance for doubtful accounts as estimated by the company? Complete the following table to complete requirements of parts a and b. Note: For each of the dollar amounts that you enter into the table below, round to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. Less than Greater than 31-60 Days 60-90 Days 30 days 90 Days Total Total Receivables Percentage 96 06 Estimated Uncollectibles $ A review of open invoices of Sketchers Inc. results in the following report. Date Invoice Amount (Each from this year) # 496 $1,018.84 5-Dec # 495 1,523.94 2-Dec # 427 609.24 5-Nov #100 242.36 28-Jun # 300 1,647.62 3-Oct # 410 1,489.46 31-Oct #204 139.32 25-Aug # 498 1,690.76 28-Dec # 499 613.66 28-Dec # 487 1,660.62 28-Nov #310 461.44 8-Oct #178 1,429.36 7-Aug # 497 744.52 5-Dec # 488 317.56 29-Nov # 105 41.62 5-Jul $13,630.32 Required a. Organize the list of open invoices as of December 31 into a table with the following aging categories across the top: (1) less than 30 days, (2) 31-60 days, (3) 60–90 days, and (4) greater than 90 days. b. Assume that the company estimates the allowance for doubtful accounts based upon the following percentages applied to the appropriate aging categories: (1) 1% for less than 30 days, (2) 5% for 31-60 days, (3) 30% for 60-90 days, and (4) 60% for greater than 90 days. What is the ending allowance for doubtful accounts as estimated by the company? Complete the following table to complete requirements of parts a and b. Note: For each of the dollar amounts that you enter into the table below, round to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. Less than Greater than 31-60 Days 60-90 Days 30 days 90 Days Total Total Receivables Percentage 96 06 Estimated Uncollectibles $ A review of open invoices of Sketchers Inc. results in the following report. Date Invoice Amount (Each from this year) # 496 $1,018.84 5-Dec # 495 1,523.94 2-Dec # 427 609.24 5-Nov #100 242.36 28-Jun # 300 1,647.62 3-Oct # 410 1,489.46 31-Oct #204 139.32 25-Aug # 498 1,690.76 28-Dec # 499 613.66 28-Dec # 487 1,660.62 28-Nov #310 461.44 8-Oct #178 1,429.36 7-Aug # 497 744.52 5-Dec # 488 317.56 29-Nov # 105 41.62 5-Jul $13,630.32 Required a. Organize the list of open invoices as of December 31 into a table with the following aging categories across the top: (1) less than 30 days, (2) 31-60 days, (3) 60–90 days, and (4) greater than 90 days. b. Assume that the company estimates the allowance for doubtful accounts based upon the following percentages applied to the appropriate aging categories: (1) 1% for less than 30 days, (2) 5% for 31-60 days, (3) 30% for 60-90 days, and (4) 60% for greater than 90 days. What is the ending allowance for doubtful accounts as estimated by the company? Complete the following table to complete requirements of parts a and b. Note: For each of the dollar amounts that you enter into the table below, round to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. Less than Greater than 31-60 Days 60-90 Days 30 days 90 Days Total Total Receivables Percentage 96 06 Estimated Uncollectibles $ A review of open invoices of Sketchers Inc. results in the following report. Date Invoice Amount (Each from this year) # 496 $1,018.84 5-Dec # 495 1,523.94 2-Dec # 427 609.24 5-Nov #100 242.36 28-Jun # 300 1,647.62 3-Oct # 410 1,489.46 31-Oct #204 139.32 25-Aug # 498 1,690.76 28-Dec # 499 613.66 28-Dec # 487 1,660.62 28-Nov #310 461.44 8-Oct #178 1,429.36 7-Aug # 497 744.52 5-Dec # 488 317.56 29-Nov # 105 41.62 5-Jul $13,630.32 Required a. Organize the list of open invoices as of December 31 into a table with the following aging categories across the top: (1) less than 30 days, (2) 31-60 days, (3) 60–90 days, and (4) greater than 90 days. b. Assume that the company estimates the allowance for doubtful accounts based upon the following percentages applied to the appropriate aging categories: (1) 1% for less than 30 days, (2) 5% for 31-60 days, (3) 30% for 60-90 days, and (4) 60% for greater than 90 days. What is the ending allowance for doubtful accounts as estimated by the company? Complete the following table to complete requirements of parts a and b. Note: For each of the dollar amounts that you enter into the table below, round to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. Less than Greater than 31-60 Days 60-90 Days 30 days 90 Days Total Total Receivables Percentage 96 06 Estimated Uncollectibles $ A review of open invoices of Sketchers Inc. results in the following report. Date Invoice Amount (Each from this year) # 496 $1,018.84 5-Dec # 495 1,523.94 2-Dec # 427 609.24 5-Nov #100 242.36 28-Jun # 300 1,647.62 3-Oct # 410 1,489.46 31-Oct #204 139.32 25-Aug # 498 1,690.76 28-Dec # 499 613.66 28-Dec # 487 1,660.62 28-Nov #310 461.44 8-Oct #178 1,429.36 7-Aug # 497 744.52 5-Dec # 488 317.56 29-Nov # 105 41.62 5-Jul $13,630.32 Required a. Organize the list of open invoices as of December 31 into a table with the following aging categories across the top: (1) less than 30 days, (2) 31-60 days, (3) 60–90 days, and (4) greater than 90 days. b. Assume that the company estimates the allowance for doubtful accounts based upon the following percentages applied to the appropriate aging categories: (1) 1% for less than 30 days, (2) 5% for 31-60 days, (3) 30% for 60-90 days, and (4) 60% for greater than 90 days. What is the ending allowance for doubtful accounts as estimated by the company? Complete the following table to complete requirements of parts a and b. Note: For each of the dollar amounts that you enter into the table below, round to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. Less than Greater than 31-60 Days 60-90 Days 30 days 90 Days Total Total Receivables Percentage 96 06 Estimated Uncollectibles $ A review of open invoices of Sketchers Inc. results in the following report. Date Invoice Amount (Each from this year) # 496 $1,018.84 5-Dec # 495 1,523.94 2-Dec # 427 609.24 5-Nov #100 242.36 28-Jun # 300 1,647.62 3-Oct # 410 1,489.46 31-Oct #204 139.32 25-Aug # 498 1,690.76 28-Dec # 499 613.66 28-Dec # 487 1,660.62 28-Nov #310 461.44 8-Oct #178 1,429.36 7-Aug # 497 744.52 5-Dec # 488 317.56 29-Nov # 105 41.62 5-Jul $13,630.32 Required a. Organize the list of open invoices as of December 31 into a table with the following aging categories across the top: (1) less than 30 days, (2) 31-60 days, (3) 60–90 days, and (4) greater than 90 days. b. Assume that the company estimates the allowance for doubtful accounts based upon the following percentages applied to the appropriate aging categories: (1) 1% for less than 30 days, (2) 5% for 31-60 days, (3) 30% for 60-90 days, and (4) 60% for greater than 90 days. What is the ending allowance for doubtful accounts as estimated by the company? Complete the following table to complete requirements of parts a and b. Note: For each of the dollar amounts that you enter into the table below, round to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. Less than Greater than 31-60 Days 60-90 Days 30 days 90 Days Total Total Receivables Percentage 96 06 Estimated Uncollectibles $ A review of open invoices of Sketchers Inc. results in the following report. Date Invoice Amount (Each from this year) # 496 $1,018.84 5-Dec # 495 1,523.94 2-Dec # 427 609.24 5-Nov #100 242.36 28-Jun # 300 1,647.62 3-Oct # 410 1,489.46 31-Oct #204 139.32 25-Aug # 498 1,690.76 28-Dec # 499 613.66 28-Dec # 487 1,660.62 28-Nov #310 461.44 8-Oct #178 1,429.36 7-Aug # 497 744.52 5-Dec # 488 317.56 29-Nov # 105 41.62 5-Jul $13,630.32 Required a. Organize the list of open invoices as of December 31 into a table with the following aging categories across the top: (1) less than 30 days, (2) 31-60 days, (3) 60–90 days, and (4) greater than 90 days. b. Assume that the company estimates the allowance for doubtful accounts based upon the following percentages applied to the appropriate aging categories: (1) 1% for less than 30 days, (2) 5% for 31-60 days, (3) 30% for 60-90 days, and (4) 60% for greater than 90 days. What is the ending allowance for doubtful accounts as estimated by the company? Complete the following table to complete requirements of parts a and b. Note: For each of the dollar amounts that you enter into the table below, round to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. Less than Greater than 31-60 Days 60-90 Days 30 days 90 Days Total Total Receivables Percentage 96 06 Estimated Uncollectibles $ A review of open invoices of Sketchers Inc. results in the following report. Date Invoice Amount (Each from this year) # 496 $1,018.84 5-Dec # 495 1,523.94 2-Dec # 427 609.24 5-Nov #100 242.36 28-Jun # 300 1,647.62 3-Oct # 410 1,489.46 31-Oct #204 139.32 25-Aug # 498 1,690.76 28-Dec # 499 613.66 28-Dec # 487 1,660.62 28-Nov #310 461.44 8-Oct #178 1,429.36 7-Aug # 497 744.52 5-Dec # 488 317.56 29-Nov # 105 41.62 5-Jul $13,630.32 Required a. Organize the list of open invoices as of December 31 into a table with the following aging categories across the top: (1) less than 30 days, (2) 31-60 days, (3) 60–90 days, and (4) greater than 90 days. b. Assume that the company estimates the allowance for doubtful accounts based upon the following percentages applied to the appropriate aging categories: (1) 1% for less than 30 days, (2) 5% for 31-60 days, (3) 30% for 60-90 days, and (4) 60% for greater than 90 days. What is the ending allowance for doubtful accounts as estimated by the company? Complete the following table to complete requirements of parts a and b. Note: For each of the dollar amounts that you enter into the table below, round to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. Less than Greater than 31-60 Days 60-90 Days 30 days 90 Days Total Total Receivables Percentage 96 06 Estimated Uncollectibles $

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