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Aging of Receivables Estimating Allowance for Doubtful Accounts Trophy Fish Company supplies files and fishing gear products to sporting Goods stores and outfitters throughout the

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Aging of Receivables Estimating Allowance for Doubtful Accounts Trophy Fish Company supplies files and fishing gear products to sporting Goods stores and outfitters throughout the western United States. The accounts receivable cerk for Trophy Fish prepared the following partially completed aging of receivables schedule as of the end of business on December 31, 2017 Not Days Past Due Past Customer Balance Due 1-30 31-60 61-90 91-120 Over 120 20,500 AAA Outfitters Brown Trout Fly Shop 20.500 7.900 7.900 123,200 42,600 18,000 79,200 Zigs Fish Adventures 4,300 4,300 Subtotals 1,315,300 752.900 299,400 The following accounts were unintentionally omitted from the aging schedule: Customer Due Date Balance Adams Sports and Flies May 22 $4,900 Blue Dun Flies Oct. 10 5.200 Cicada Fish Co. Sept. 29 8,300 Deschutes Sports Oct. 20 7,000 Green River Sports Nov. 7 3,000 Smith River Co. Nov. 28 2,200 Western Trout Company Dec. 7 7,300 Wolfe Sports Jan. 20 4.700 Trophy Fish has a past history of uncollectible accounts by age category, as follows: Age Class Percent Uncollectible 19 8 Not past due 1-30 days past due 31-60 days past due 61-90 days past due 91-120 days past due Over 120 days past due 31 42 84 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 Flies Oct. 10 days Cicada Fish Co. Sept. 29 days Deschutes Sports Oct. 20 days Green River Sports Nov. 7 days Smith River Co. Nov. 28 days Western Trout Company Dec. 7 days Wolfe Sports Jan. 20 days 2. Cheshire the one the bottom of the bed and updating the contre estry, The Company Anot Receivable schede Dene, Notreste Det May the 360 twee they thorn Twear Over MO 20.500 20.500 th 7,200 ATA 0 1.1.100 25,000 299.00 1.00 42,00 IN ODO 7,200 Nous D Hot avec We 2011) we 2. Tentool, the 4. Andreas Formas, 2011. fec. 5. Matthew was not worth and comment worden went on the lang W acme Aging of Receivables Estimating Allowance for Doubtful Accounts Trophy Fish Company supplies files and fishing gear products to sporting Goods stores and outfitters throughout the western United States. The accounts receivable cerk for Trophy Fish prepared the following partially completed aging of receivables schedule as of the end of business on December 31, 2017 Not Days Past Due Past Customer Balance Due 1-30 31-60 61-90 91-120 Over 120 20,500 AAA Outfitters Brown Trout Fly Shop 20.500 7.900 7.900 123,200 42,600 18,000 79,200 Zigs Fish Adventures 4,300 4,300 Subtotals 1,315,300 752.900 299,400 The following accounts were unintentionally omitted from the aging schedule: Customer Due Date Balance Adams Sports and Flies May 22 $4,900 Blue Dun Flies Oct. 10 5.200 Cicada Fish Co. Sept. 29 8,300 Deschutes Sports Oct. 20 7,000 Green River Sports Nov. 7 3,000 Smith River Co. Nov. 28 2,200 Western Trout Company Dec. 7 7,300 Wolfe Sports Jan. 20 4.700 Trophy Fish has a past history of uncollectible accounts by age category, as follows: Age Class Percent Uncollectible 19 8 Not past due 1-30 days past due 31-60 days past due 61-90 days past due 91-120 days past due Over 120 days past due 31 42 84 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 Flies Oct. 10 days Cicada Fish Co. Sept. 29 days Deschutes Sports Oct. 20 days Green River Sports Nov. 7 days Smith River Co. Nov. 28 days Western Trout Company Dec. 7 days Wolfe Sports Jan. 20 days 2. Cheshire the one the bottom of the bed and updating the contre estry, The Company Anot Receivable schede Dene, Notreste Det May the 360 twee they thorn Twear Over MO 20.500 20.500 th 7,200 ATA 0 1.1.100 25,000 299.00 1.00 42,00 IN ODO 7,200 Nous D Hot avec We 2011) we 2. Tentool, the 4. Andreas Formas, 2011. fec. 5. Matthew was not worth and comment worden went on the lang W acme

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