$$\begin{array} { l l }
\text { May } & \$ 100,000 \
\text { June } & \$ 120,000 \
\text { July } & \$ 130,000 \
\text { August (expected) } & \$ 150,000
\end{array}$$
-Refer to Miso Company. What dollar value of May's sales is expected to be uncollectible?

Question

$$\begin{array} { l l } 
\text { May } & \$ 100,000 \
\text { June } & \$ 120,000 \
\text { July } & \$ 130,000 \
\text { August (expected) } & \$ 150,000
\end{array}$$
-Refer to Miso Company. What dollar value of May's sales is expected to be uncollectible?

Quizplus · Accepted Answer

The uncollectible percentage is typically calculated based on past experience or company policy. Assuming a 2% uncollectible rate, $100,000 * 2% = $2,000.