Accounting 27th Edition Chapter 9 page 477 problem 9-2A

PR 9-2A Aging of receivables; estimating allowance for doubtful accounts Trophy Fish Company supplies flies and fishing gear to sporting goods stores and outfit- ters throughout the western United States. The accounts receivable clerk for Trophy Fish prepared the following partially completed aging of receivables schedule as of the end of business on December 31, 20Y6: OBJ. 4 3. $121,000 Excel Not Past Days Past Due 3 Customer Balance Due 1-30 31-60 61-90 91-120 Over 120 20,000 20,000 AAA Outfitters 5 Brown Trout Fly Shop 7,500 7,500 Zigs Fish Adventures 31 Subtotals 4,000 1,300,000 750,000 290,000 120,000 40,000 20,000 80,000 4,000