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

Estimating Allowance for Doubtful Accounts Evers Industries has a past history of uncollectible accounts, as follows. Age Class Percent Uncollectible Not past due 1 % 1-30 days past due 3 31-60 days past due 12 61-90 days past due 30 Over 90 days past due 75 Estimate the allowance for doubtful accounts, based on the aging of receivables information provided in the chart below. Evers Industries Estimate of Allowance for Doubtful Accounts Days Days Days Days Nt Past Past Past Past Balance Past Due 1_ Duet31 Due Due Due 30- 60', 61-90 Over 90 Total receivables 1,124,500 607,400 233,000 121,600 96,500 66,000 Percentage uncollectible 2/3 2'33 12% 30% 75% Allowance for doubtful accounts Feedback V Check My Work Apply the respective uncollectible percentage to each age class including not past due group

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