Question: Estimating Allowance for Doubtful Accounts Evers Industries has a past history of uncollectible accounts, as follows. Age Class Not past due 1-30 days past due

Estimating Allowance for Doubtful Accounts Evers 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 days past due Total receivables Percent Uncollectible Percentage uncollectible Allowance for doubtful accounts 1 % Estimate the allowance for doubtful accounts, based on the aging of receivables information provided in the chart below. 3 Balance 12 Evers Industries Estimate of Allowance for Doubtful Accounts 1% 30 75 Not Past Days Past Due Due 1-30 1,124,500 607,400 233,000 3% Days Past Days Past Due 31-60 Due 61-90 121,600 96,500 12% 30% Days Past Due Over 90 66,000 75%

Estimating Allowance for Doubtful Accounts Evers Industries has a past history of uncollectible accounts, as follows. Estimate the allowance for doubtful accounts, based on the aging of recelvables information provided in the chart below

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