Question: P9.4 (LO 2), AP Rigney Inc. uses the allowance method to estimate uncollectibles. The company produced the following aging of the accounts receivable at year-end.

P9.4 (LO 2), AP Rigney Inc. uses the allowance method to estimate uncollectibles. The company produced the following aging of the accounts receivable at year-end.

Number of Days Outstanding Total 030 3160 6190 91120 Over 120 77,000 45,000 39,000 23,000 15,000 1 "A: 4% 5 "A: 8% 20% % unmllectible I 2 3 4 Accounts receivable 200,000 5 6 Estimated bad debts 7

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