COLLEGE LEVEL I ACCOUNTING...---REPORTING & ANALYZING RECEIVABLES QUESTION

Gemini Ltd. has accounts receivable of $381,500 and an unadjusted credit balance in its allowance for doubtful accounts of $8,500 at March 31. The companys accounts receivable and percentage estimates of its uncollectible accounts are as follows:

Number of Days Outstanding	Accounts Receivable		Estimated Percentage Uncollectible
030	$267,600		2%
3160	51,500		20%
6190	35,700		30%
Over 90	26,700		50%
Total	$381,500

Prepare an aging schedule to determine the total estimated uncollectibles at March 31.

Age of Accounts	Amount ($)	%	Estimated Uncollectible ($)
0 - 30 days
31-60 days
61-90 days
Over 90 days

$ _________________________

You don't have to show your work. Please solve correctly.