I used that data given and found that total sales are $3,079,015 and total accounts receivable is $1,015,353. I need help developing an accounts receivable aged trial balance for 2019 to determine if the allowance for doubtful accounts is reasonable.

 

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60% 50% 40% 30% 20% 10% 0% Percentage of A/R Balance By Aging Category 0-30 31-60 61-90 >90 60% 50% 40% 30% 20% 10% 0% Percentage of A/R Balance By Aging Category 0-30 31-60 61-90 >90

Answer rating: 100% (QA)

Determinants in developing doubtful accounts 1Doubtful a... View the full answer