Aging of Receitimating Allowance for Doubtful Accounts Trophy Company supplies and fishing gear products to sporting Goods stores and offers throughout the western United States. The seconds weer ter nyhed completed aging of receivables schedule as of the end of business on December 31, 2017 Not Days Past Due Past Customer 1-30 31-60 61-90 91-120 Due 19,300 Over 120 Balance 19,300 7,400 AAA Otters Brown Trout Fly Shop 7,400 38,200 18,200 14,400 May 22 zigs Fish Adventures 4,300 4,300 Subtotals 1.291.400 748,000 285,900 116,700 The following accounts were unintentionally omitted from the aging schedule: Customer Due Date Balance Adams Sports and Fies 54,700 Blue Dur Flies Oct. 10 4.400 Cicada Fish Co Sept. 20 8.900 Deschuites Sports Oct. 20 6.800 Green River Sports Nov. 2 3,300 Smith River Co Nov. 28 2,900 7.300 Western Trout Company Dec. 7 Wolfe Sports Jan 20 4,800 Trophy Fish has a past history of uncollectible accounts by category, as follows: 11 40 80 Trophy Fish has a past history of uncollectible accounts by age category, as follows: Percent Age Class Uncollectible Not past due 1 % 1-30 days past due 3 31-60 days past due 61-90 days past due 29 91-120 days past due Over 120 days past due Required: 1. Determine the number of days past due for each of the preceding accounts. If an account is not past due, enter a zero. Customer Due Date Number of Days Past Due Adams Sports and Flies May 22 days Blue Dun Files Oct. 10 days Cicada Fish Co. Sept. 29 days Deschutes Sports Oct. 20 days Green River Sports Nov. 2 days Smith River Co. Nov. 28 days INNI Western Trout Company Dec. 7 days Wolfe Sports Jan. 20 days 2. Complete the aging of receivables schedule by adding the omitted accounts to the bottom of the schedule and updating the total, an amount box does not require an entry, wit Trophy Company Aging of Receivables Schedule December 31, 2017 Customer Balance Not Past Due Days Past Du 1.30 Days Past Du 31-60 Days Pant Due 61.90 Days Past Du 91-120 Days Post Doe Over 170 MOutfitters 19,300 19,300 Brown Trout Fly Shop 7.400 7.400 4300 4300 1.291,400 248,000 34,400 285,900 116,700 38,200 1,700 Fish Adventures Subtotale Adams Sports and Flies Blue Dun Flies Cicada Fish Co. Deschutes Sports Green River Sports Smith River Co Western Trout Company Wolle Sports Total Percent uncollectible (5) Estimate of uncollectible accounts 3. Estimate the towance for doubtful cc, bated on the aging of receivables cheve, 4. mume that the allowance for our accounts for Trophy Ph as a credit wance of 53,700 netore austment on December 31, 2001. umaliw the adjustment for incorect SOOME Dec 31 5. Assume that the adjusting entry in (4) was inadvertently omitted, how would the mission affect the balance sheet and statement On the balance sheet assets would be because the Rowance for doccounts would be (retained earnings) would be by because bad de experne would be and net income In addition, the stockhout on the meatment by