subject
Advanced Placement (AP), 29.11.2020 03:20 Webber07

Estimating Doubtful Accounts Outlaw Bike Co. is a wholesaler of motorcycle supplies. An aging of the company’s accounts receivable on December 31, and a historical analysis of the percentage of uncollectible accounts in each age category are as follows:

Age Class Balance Percent Uncollectible
Not past due $556,000 3/4 %
1–30 days past due 61,200 2
31-60 days past due 27,800 7
61–90 days past due 20,000 15
91–180 days past due 14,500 39
Over 180 days past due 10,600 70
$690,100
Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31.

ansver
Answers: 1

Another question on Advanced Placement (AP)

question
Advanced Placement (AP), 24.06.2019 18:00
Ap courses are college level courses overseen by the
Answers: 1
question
Advanced Placement (AP), 25.06.2019 00:30
Look back at act iv scene v to read over ophelia's interactions with claudius and gertrude as well as laertes. then, compare her dialogue to hamlet's dialogue and soliloquies previously analyzed in acts i–iv. what is ophelia's state of mind versus hamlet's?
Answers: 1
question
Advanced Placement (AP), 25.06.2019 14:30
What drifted apart millions of years ago to create two different worlds
Answers: 1
question
Advanced Placement (AP), 25.06.2019 15:00
Ahypothesis test is conducted with a significance level of 5%. the alternative hypothesis states that more than 65% of a population is right-handed. the p-value for the test is calculated to be 0.03. which of the following statements is correct? we can conclude that more than 3% of the population is right-handed. we cannot conclude that more than 65% of the population is right-handed. we can conclude that more than 65% of the population is right-handed. we can conclude that exactly 3% of the population is right-handed. there is not enough information given to make a conclusion.
Answers: 2
You know the right answer?
Estimating Doubtful Accounts Outlaw Bike Co. is a wholesaler of motorcycle supplies. An aging of th...
Questions
Questions on the website: 13722359