Pharoah Company has accounts receivable of $89,200 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $2,151 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company’s estimates of bad debts are as shown below.     Balance, March 31   Estimated Percentage Uncollectible   Age of Accounts   2022   2021   Current   $60,400   $80,160   2 % 1–30 days past due   12,000   8,610   5   31–90 days past due   10,200   2,400   31   Over 90 days past due   6,600   1,070   48       $89,200   $92,240       (a)     Determine the total estimated uncollectibles at March 31, 2022. Total estimated uncollectibles   $Enter a dollar amount

Pharoah Company has accounts receivable of $89,200 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $2,151 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company’s estimates of bad debts are as shown below.

   
Balance, March 31
 
Estimated Percentage
Uncollectible
 
Age of Accounts
 
2022
 
2021
 
Current
 
$60,400
 
$80,160
  2 %
1–30 days past due
 
12,000
 
8,610
  5  
31–90 days past due
 
10,200
 
2,400
  31  
Over 90 days past due
 
6,600
 
1,070
  48  
   
$89,200
 
$92,240
     

(a)

 
 
Determine the total estimated uncollectibles at March 31, 2022.

Total estimated uncollectibles   $Enter a dollar amount 
Tired of numerous paper assignments?
Rely on us and receive professional paper writing assistance!
Professional paper Writing Assistance

Who We Are

We are a professional website for customized writing. If you searched a question and stumbled into our website, you are in the right place to receive assistance with your coursework.

Do you handle any type of coursework?

Yes. We have displayed prior orders to demonstrate our experience. We can answer this question for you as we have previously. Please fill out our Order Form so that we may ensure its flawlessness. Correctly completing the order form will help our staff with reference, requirements, and future communication.

Is it hard to Place an Order?

  1. Click on the “Order Now” tab at the top menu or “GET A FREE QUOTE” icon at the bottom and a new page will appear with an order form to be filled
  2. Fill in the initial requirements in the small order form located on the home page and press “continue” button to proceed to the main order form or press “order” button in the header menu. Starting from there let our system intuitively guide you through all steps of ordering process. Submit detailed paper instructions, upload necessary files if needed and provide your contact information – you are almost done!
  3. Proceed with the payment- click on “PROCEED TO CHECKOUT” at the bottom of the page. From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it. All your payments are processed securely through PayPal. This enables us to guarantee a 100% security of your funds and process payments swiftly.
  4. Delivery- Once finished, your final paper will be available for download through your personal dashboard. You will also receive an email notification with a copy of your paper attached to it.