Blain company has $10,000 of accounts receivable that are current, $5,000 that are between 0 and 30 days past due, $3,000 that are between 30 and 60 days past due, and $800 that are more than 60 days past due. blain estimates that 2% of the receivables that are current will be uncollectible, 5% of those between 0 and 30 days past due will be uncollectible, 10% of those between 30 and 60 days past due will be uncollectible, and 50% of those more than 60 days past due will be uncollectible. just prior to recognizing uncollectible accounts expense, blain’s allowance for doubtful accounts account has a $100 positive balance. assuming blain uses the aging method to estimate uncollectible accounts expense, the amount of uncollectible expense will be:

Assuming Blain uses the aging method to estimate uncollectible accounts expense, the amount of uncollectible expense will be:

$1050

Explanation:

Aging    

Current100002%200

1-30  50005%250

31-60300010%300

Over 60800         50%400

                   1150

Allowance bad debts100

Expense          1050

$1050 Using the aging method

Explanation:

$10,000 of accounts receivable that are current

$5,000 that are between 0 and 30 days past due

$3,000 that are between 30 and 60 days past due

$800 that are more than 60 days past due.

The percentages of the following accounts will be uncollectible

2% of $10000 are uncollectible=$200

5% of $5,000=$250

10% of 3000=$300

50% of $800=$400

the sum of the uncollectible is $1150

Note: Blain’s allowance for doubtful accounts account has a $100 positive balance.

so $1150-$100=$1050

315 inches long

Step-by-step explanation:

180 x .75= 135 <--- that is 75% of 180

then add the two numbers

180 + 135

you add them because the original length of the car is 180 inches and the truck is 75% longer.

180 + 135= 315