P 09-01 Name :

Section :
Enter the appropriate amount or item in the shaded cells. Use the drop-down lists when available.
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Use 365 days in a year for your calculations.

1 Methods of Estimating Uncollectible Accounts and Receivables Analysis

Accounts Receivable

Allowance for Uncollectible Accounts

2
a. Percentage of net sales method:

Uncollectible Accounts Expense =

Allowance for Uncollectible Accounts =

=

Accounts Receivable, Net =

=

b. Accounts receivable aging method:

Uncollectible Accounts Expense =

=

Allowance for Uncollectible Accounts =

Accounts Receivable, Net =

=

3
Methods of Estimating Uncollectible Accounts and Receivables Analysis
Receivables Turnover =

( )/

Receivables Turnover = = times

Days' Sales Uncollected = days = days