Solution-Which amount would be recorded in accounts

Which amount would be recorded in accounts receivable

Reference no: EM132657546

Question - The aging schedule below lists the amount and percentage that the company estimates will be uncollectible.

AGING SCHEDULE	ACCOUNT RECEIVABLE AMOUNT	ALLOWANCE FOR UNCOLLECTIBLE	UNCOLLECTIBLE AMOUNT
1-30 days	$	2%	$1,309.50
31-60 days	$	4%	$209.36
over 60 days	$	9%	$178.56
Total Uncollectible Balance			$1,697.42

Required - Which amount would be recorded in accounts receivable at over 60 days?

a. $5,234

b. $65,475

c. $1,984

d. $72,694

Reference no: EM132657546

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Which amount would be recorded in accounts receivable

Reference no: EM132657546

Reference no: EM132657546

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