$\text { Johnstone Supplies, Inc. Accounts Receivable Aging Report, July 31, } 2018$

question 130

Multiple Choice

$\text { Johnstone Supplies, Inc. Accounts Receivable Aging Report, July 31, } 2018$
$$\begin{array} { | r | r | r | } \hline \text { Accounts receivable by due dute } & \text { Account Tatal } & \text { Estimated \% uncollectible } \\\hline \text { Not yet due } & \$ 126,500 & 2 \% \\\hline 1 - 30 \text { days past due } & \$ 89,200 & 12 \% \\\hline \text { 31-60 days past due } & \$ 53,600 & 18 \% \\\hline \text { Over 60 days past due } & \$ 31,800 & 35 \% \\\hline\end{array}$$ The unadjusted balance of the allowance for doubtful accounts of Johnstone Supplies,Inc.,is $28,947 on July 31,2018.Based on the accounts receivable aging report,bad debt expense will be:

• A)$34,012.
• B)$5,065.
• C)$62,959.
• D)$50,434.

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Definitions:

Direct Exposure

The process of experiencing or being in contact with a stimulus or factor in its natural or intended environment.

Post-Traumatic Stress Disorder

A psychological disorder that develops after being exposed to or witnessing a horrifying event, marked by intrusive memories, distressing dreams, and intense fear.

Stressor

An event, situation, or stimulus that causes stress or strain on an individual.

Burnout

A state of physical, emotional, and mental exhaustion caused by prolonged and excessive stress, often related to one's work or career.