Home » Presented below is an aging schedule for bosworth company.

Presented below is an aging schedule for bosworth company.

P8-3A Presented 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 90

Aneesh

 

$ 26,000

     

$ 11,000

 

$15,000

       

Bird

 

46,500

 

$ 46,500

               

Cope

 

64,500

 

7,500

 

8,200

     

$48,800

   

DeSpears

 

40,600

                 

$40,600

Others

 

131,000

 

82,400

 

34,700

 

13,900

 

 

 

 

 

  

$308,600

 

$136,400

 

$53,900

 

$28,900

 

$48,800

 

$40,600

Estimated percentage uncollectible

 

 

 

3%

 

8%

 

11%

 

20%

 

63%

Total estimated bad debts

 

$ 46,921

 

$ 4,092

 

$4,312

 

$3,179

 

$ 9,760

 

$25,578

 

 

 

At December 31, 2013, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $7,200.

 

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