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 $30,429
At December 31, 2013, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $6,900.