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Analyze using the accounts receivable aging method

Assignment Help Managerial Accounting
Reference no: EM132520764

Aging account schedule for the Wilson Company. Today's date is December 31, 2013.

The following accounts still need to be analyzed:

Due Date

Tom $3,000 January 13, 2014

Mary 1,400 November 5, 2013

Art 6,000 September 1, 2013

Hazel 1,100 October 3, 2013

Beth 700 December 1, 2013

John 3,200 November 1, 2013

George 600 April 1, 2013

Accounts past due Percent uncollectible

<30 days 1%

31-60 6%

61-90 15%

91-120 25%

Over 120 30%30%

Question 1: Analyze using the accounts receivable aging method

Reference no: EM132520764

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