Valdez Company uses the percent of receivables method to estimate uncollectible accounts expense.

Valdez Company uses the percent of receivables method to estimate uncollectible accounts expense. Valdez began 2011 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $40,750 and $2,950 (credit), respectively. During the year, the company wrote off $2,820 in uncollectible accounts. In preparation for the company’s 2011 estimate, Valdez prepared the following aging schedule (Do not round your intermediate calculations. Round your final answer to two decimal places):Number of Days Past DueReceivables Amount% Likely to beUncollectible Current$26,500 6% 0-30$12,250 10% 31-60$2,530 15% 61-90$1,160 30% Over 90$1,200 55% Total$43,640 What will Valdez record as Uncollectible Accounts Expense for 2011?$5,937.50$2,820.00$4,202.50$4,072.50

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Essay Fountain
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Sociology
Thank you, the journal wa submitted today and I hope to continue receiving services.
Customer 452919, October 28th, 2021
Sociology
I have never experienced receiving a paper past the due date and time. That is the only thing that displeases. I don't have time o Overall, your team does a great job.
Customer 452919, November 18th, 2021
Tourism
thank you
Customer 452933, November 20th, 2021
Human Resources Management (HRM)
Thank you for your time and help. I was concerned that I would not make my deadline due to a family emergency, and you guys came through in the clutch. you are appreciated and i will be letting friends and family know of my experience here.
Customer 453045, February 24th, 2022
Management
Excellent work done. Thank you
Customer 452829, August 1st, 2021
Business Studies
great job!!!!
Customer 453127, October 31st, 2022
Psychology
Thank you very much! I will be using your service again soon.
Customer 452665, March 18th, 2021
Humanities
Best Serivces
Customer 452995, January 24th, 2022
Business Studies
This is fantastic! Thank you so much! Great customer service and help!
Customer 453131, November 15th, 2022
Psychology
Paper was received before time which I was quite please with.
Customer 453101, June 18th, 2022
Sociology
I eant to thank the enttir team. A special thanks to Simon!
Customer 452919, November 2nd, 2021
Professional Writing Engl-3311
Thank you
Customer 452919, March 2nd, 2023
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat