computing bad debt

E6-11 Computing Bad Debt Expense Using Aging Analysis LO6-2 Casilda Company uses the aging approach to estimate bad debt expense. The ending balance of each account receivable is aged on the basis of three time due, $17,400, (2) up to 120 days past due, 56,000, and (3) more than 120 days past due, $4.500 the receivables at year-end due to uncollectibility is (1) 2 percent, (2) 14 percent, and (3) 36 percent respectively At the end of the current year, the Allowance for Doubtful Accounts balance is $700 (credit) before the end-of-period adjusting entry is made periods as follows. (1) not ye Experience has shown that for each age group, the average loss rate on the amount of Required: What amount should be recorded as Bad Debt Expense for the current year? (Enter your answers as a whole percentage (ie, 0.12 should be entered as 12).) Estimat Percentage Uncollectible Uncollectible Amount Aged Accounts Receivable Not yet due Up to 120 days past due Over 120 days past due Estimated balance in allowance for doubtful accounts Current balance in allowance for doubtful accounts Bad debt expense for the year