How would I precede to figure out my aging of accounts receivable if $7,000 is not expected to be collected out of $170,000?

I'm not sure what question you are trying to make above. It doesn't seem to logically make sense.

Aging of account receivables relate to how current your receivable balance is.

Current (less than 30 days old)
30-60
61-90
etc.

These are arranged in buckets. This is more a reasonableness tool used by management to determine appropriate estimates of doubtful accounts.


What you have presented is your estimated bad debt expense (allowance for doubtful accounts) on your current receivable balance.