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 90 days past due Percent Uncollectible 1% 12 30 75 Estimate the allowance for doubtful accounts, based on the aging of recevables information provided in the chart below Evers Industries Estimate of Allowance for Doubtful Accounts Balance Not Past Due Days Past Due 1-30 Days Past Due 31-60 Days Past Due 61-90 Days Past Due Over 90 1,124,500 607,400233.000 Total receivables Percentage uncollectble Allowance for doubtful accounts 121600 12% 96500 30 66000 75% 1% 3% 1.] -::: r .1: Feedbac Apply the respective uncoltectible percentage to each age class including not past due group Learning Objective 4. Check My Work All work saved Assignment Score: 33.33%
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