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4 6 Aging of Receivables Schedule The accounts receivable clerk for Kirchhoff Industries prepared the following partially completed aging of receivables schedule as of the

46 Aging of Receivables Schedule The accounts receivable clerk for Kirchhoff Industries prepared the following partially completed aging of receivables schedule as of the end of business on November 30: Not Days Past Due Past Over Customer Balance Due 1-3031-6061-9090 Academy Industries Inc. 3,2003,200 Ascent Company 4,4004,400 Zoot Company 11,00011,000 Subtotals 871,500526,400191,70083,70043,60026,100 The following accounts were unintentionally omitted from the aging schedule and not included in the subtotals above: Customer Balance Due Date Conover Industries $12,200 July 10 Keystone Company 8,700 September 21 Moxie Creek Inc. 17,400 October 16 Rainbow Company 10,500 November 5 Swanson Company 23,500 December 21Aging of Receivables Schedule The accounts receivable clerk for Kirchhoff Industries prepared the following partially completed aging of receivables schedule as of the end of business on November 30: Not Days Past Due Past Over Customer Balance Due 1-3031-6061-9090 Academy Industries Inc. 3,2003,200 Ascent Company 4,4004,400 Zoot Company 11,00011,000 Subtotals 871,500526,400191,70083,70043,60026,100 The following accounts were unintentionally omitted from the aging schedule and not included in the subtotals above: Customer Balance Due Date Conover Industries $12,200 July 10 Keystone Company 8,700 September 21 Moxie Creek Inc. 17,400 October 16 Rainbow Company 10,500 November 5 Swanson Company 23,500 December 21Customer Due Date Number of Days Past Due Conover Industries July 10 days Keystone Company September 21 days Moxie Creek Inc. October 16 days Rainbow Company November 5 days Swanson Company December 21 days b. Complete the aging-of-receivables schedule by adding the omitted accounts to the bottom of the schedule and updating the totals. If an amount box does not require an entry, leave it blank. Kirchhoff Industries Aging of Receivables Schedule November 30 Customer Balance Not Past Due Days Past Due 1-30 Days Past Due 31-60 Days Past Due 61-90 Days Past Due Over 90 Academy Industries Inc. 3,2003,200 Ascent Company 4,4004,400 Zoot Company 11,00011,000 Subtotals 871,500526,400191,70083,70043,60026,100 Conover Industries Keystone Company Moxie Creek Inc. Rainbow Company Swanson Company Totals

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