Question 8Presented below is an aging schedule for Bosworth Company.CustomerTotalNot Yet DueNumber of Days Past Due1â3031â6061â90Over 90Aneesh$27,400$9,4
February 20th, 2023
Question 8Presented below is an aging schedule for Bosworth Company.Customer Total Not Yet Due Number of Days Past Due 1–30 31–60 61–90 Over 90Aneesh $ 27,400 $ 9,400 $18,000 Bird 41,500 $ 41,500 Cope 61,600 8,800 6,400 $46,400 DeSpears 48,300 $48,300Others 129,900 78,900 35,600 15,400 $308,700 $129,200 $51,400 $33,400 $46,400 $48,300Estimated percentage uncollectible 3% 6% 13% 28% 63%Total estimated bad debts $ 54,723 $ 3,876 $3,084 $4,342 $ 12,992 $30,429At December 31, 2013, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $6,900.
Don't use plagiarized sources. Get Your Custom Essay on
Question 8Presented below is an aging schedule for Bosworth Company.CustomerTotalNot Yet DueNumber of Days Past Due1â3031â6061â90Over 90Aneesh$27,400$9,4
Just from $13/Page