IF a company sold$ 60000 of merchandise on credit.and Wrote off $10000 of uncollectible accounts receivable.Received $20000 cash in payment of accounts receivable.
In adjusting the accounts , the company estimated that 0.5% of accounts receivable will be uncollectible.


How can I account the ending Allowance for Doubtful Accounts ?
<60000-10000-20000>* 0.5%is right?
:confused::confused::confused:

How do i determine the total estimated uncollectibles, when march 31, 2007 acct. rec. was $95,100 and month of sales was 65,000

At least try to answer the question yourself first. Me giving you the answer won't help you learn.