At December its annual yearend, the accounts of Sun Systems Inc. show the following.
$ in sales revenue for the year, of which onesixth was on account.
$ credit balance in Allowance for Doubtful Accounts, as of December of the prior year.
$ debit balance in Accounts Receivable as of December of the current year prior to any writeoffs of uncollectible accounts during the current year
$ in uncollectible accounts to be written off as of December of the current year.
Aging schedule at December of the current year, showing the following breakdown of total accounts receivable excluding amounts to be written off.
tableStatusAmountNot past due,RemainderPast due days,$