Business Finance
accounting question 4

Question Description

i am stuck on the following problem. here is a pic of the problem

http://imgur.com/BFbT8B5

use this following link as a guide on how to show all work/how u got the answers

https://www.studypool.com/free/157147/accounting-q...

thanks in advance

Final Answer

                                                               Valdez Company

                                                 Aging Schedule of Accounts Receivable for 2011                                            Number of Days Past Due    Receivable Amount   % Likely to be Uncollectible    Uncollectible Account Expense  

       Current                               $26,700                        8                                             $2,136.00

       0 - 30                                  $12,650                       12                                              1,518.00

      31 - 60                                  $2,550                        17                                                 433.50

      61 - 90                                  $1,180                        32                                                 377.60

     Over 90                                 $1,300                        57                                                 741.00

     Total                                    $44,380                                                                         $5,206.10           

AN786JUM (924)
University of Virginia

Anonymous
Thanks for the help.

Anonymous
Outstanding. Studypool always delivers quality work.

Anonymous
Tutor was very helpful and took the time to explain concepts to me. Very responsive, managed to get replies within the hour.

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