Question: Appendix1 HOMEY Electronics TO: FINANCIAL CONTROLLER FROM: ACCOUNTS SUPERVISORS MEMO SUBJECT: AGING SCHEDULE OF ACCOUNTS RECEIVABLES In response to your inquiry about receivables, please

SCHEDULE OF ACCOUNTS RECEIVABLES In response to your inquiry about receivables, please

Appendix1 HOMEY Electronics TO: FINANCIAL CONTROLLER FROM: ACCOUNTS SUPERVISORS MEMO SUBJECT: AGING SCHEDULE OF ACCOUNTS RECEIVABLES In response to your inquiry about receivables, please note the following: On December 31, 2022, the company's Allowance for Doubtful Accounts had a credit balance of BD3,200 per the unadjusted trial balance. The accounts receivables department has prepared the aging schedule of accounts receivable below. Based on previous years' experience, we estimated the percentage of receivables in each category that will become uncollectable. This information is summarized here: Aging Schedule of Accounts Receivables December 31, 2022 Accounts Receivable Age of Accounts Receivable Expected Percent of Uncollectable BD40,000 Not yet due 1.00% BD10,000 1 to 30 days past due 3.00% BD5,000 31 to 60 days past due 7.00% BD4,100 61 to 90 days past due 30.00% BD2,500 Over 90 days past due 60.00% BD 61,600

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