Business, 16.10.2021 20:20 kifeak2002

At January 1, 2024, Betty DeRose, Inc. reported an allowance for doubtful accounts with a $26,000 credit balance. During 2024, Betty wrote-off as uncollectible accounts receivable totaling $37,000. At December 31, 2024, Betty prepared the aging schedule below: Accounts Receivable % Uncollectible not past due $227,000 1% 1-39 days past due $163,000 7% 40-79 days past due $102,000 11% 80-119 days past due $ 83,000 22% over 119 days past due $ 36,000 48% Based on the above aging schedule, Betty's bad debt expense for 2024 was estimated to be $59,000. Calculate the amount of recoveries recorded Betty DeRose, Inc. during 2024.

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At January 1, 2024, Betty DeRose, Inc. reported an allowance for doubtful accounts with a $26,000 cr...

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