Question: the question is fully provided in the image attached. ABC Co. sells Christmas angels. ABC determines that at the end of December, it has the

the question is fully provided in the image attached.

"ABC" Co. sells Christmas angels. "ABC" determines that at the end of December, it has the following aging schedule of Accounts Receivable: Customer Balance Not Yet Due Jan-30 31-60 61-90 More than 90 A $120,000 $24,000 $18,000 $36,000 $30,000 $12,000 B $90,000 $18,000 $13,500 $27,000 $22,500 $9,000 C $90,000 $18,000 $13,500 $27,000 $22,500 $9,000 D $120,000 $24,000 $18,000 $36,000 $30,000 $ 12,000 E $50,000 $10,000 $7,500 $15,000 $12,500 $5,000 Total $470,000 $94,000 $70,500 $141,000 $117,500 $47,000 Estimated Uncollectible Rate 2% 9% 15% 25% 55% Instructions: Compute the net receivables based on the above information at the end of December. Under the following independent scenarios: 1) On 31/12 the unadjusted allowance for doubtful accounts is debit $10,000: NRV equals to: 2) On 31/12 the unadjusted allowance for doubtful accounts is credit $10,000: NRV equals to
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