Question: ent/takeAssignmentMain.donvoker &takeAssi assignment-take&inprogress false eBook Show Me How Estimating Allowance for Doubtful Accounts Kirchhoff Industries has a past history of uncollectible accounts, as follows. Age
ent/takeAssignmentMain.donvoker &takeAssi assignment-take&inprogress false eBook Show Me How Estimating Allowance for Doubtful Accounts Kirchhoff Industries has a past history of uncollectible accounts, as follows. Age Class Not past due 1-30 days past due 31-60 days past due 61-90 days past due Over 90 days past due Estimate the allowance for doubtful accounts, based on Percent Uncollectible 2% 18 40 75 the aging of recelvables information provided in the chart below Kirchhoff Industries Estimate the Allowance for Doubtful Accounts Balance 1,180,000 Not Past Due 626,400 2% Days Past Due 1-30 Days Past Due 31-60 266,600 Days Past Due 61-90 Days Past Due Over 90 103,000 40% 124,000 18% 60,000 79% Total recelvables Percentage uncolectible Allowance for doubtful accounts Previous Next
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