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Aging of receivables schedule The accounts receivable clerk for Evers Industries prepared the following partially completed aging of receivables schedule as of the end of

Aging of receivables schedule
The accounts receivable clerk for Evers Industries prepared the following partially completed aging of receivables schedule as of the end of business on July 31:
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
Acme Industries Inc. 3,0003,000
Alliance Company 4,5004,500
Zollinger Company 5,0005,000
Subtotals 1,050,000600,000220,000115,00085,00030,000
The following accounts were unintentionally omitted from the aging schedule and not included in the preceding subtotals:
Customer Balance Due Date
Boyd Industries $36,000 April 7
Hodges Company 11,500 May 29
Kent Creek Inc. 6,600 June 8
Lockwood Company 7,400 August 10
Van Epps Company 13,000 July 2
Question Content Area
a. Determine the number of days past due for each of the preceding accounts as of July 31. If an account is not past due, enter 0.
Customer Due Date Number of Days Past Due
Boyd Industries April 7 fill in the blank 1 of 5 days
Hodges Company May 29 fill in the blank 2 of 5 days
Kent Creek Inc. June 8 fill in the blank 3 of 5 days
Lockwood Company August 10 fill in the blank 4 of 5 days
Van Epps Company July 2 fill in the blank 5 of 5 days
Question Content Area
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.
Evers Industries
Aging of Receivables Schedule
July 31
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
Acme Industries Inc. $3,000 $3,000 $Acme Industries Inc. $Acme Industries Inc. $Acme Industries Inc. $Acme Industries Inc.
Alliance Company 4,500 Alliance Company 4,500 Alliance Company Alliance Company Alliance Company
Zollinger Company 5,000 Zollinger Company Zollinger Company 5,000 Zollinger Company Zollinger Company
Subtotals 1,050,000600,000220,000115,00085,00030,000
Boyd Industries Boyd Industries Boyd Industries Boyd Industries Boyd Industries Boyd Industries Boyd Industries
Hodges Company Hodges Company Hodges Company Hodges Company Hodges Company Hodges Company Hodges Company
Kent Creek Inc. Kent Creek Inc. Kent Creek Inc. Kent Creek Inc. Kent Creek Inc. Kent Creek Inc. Kent Creek Inc.
Lockwood Company Lockwood Company Lockwood Company Lockwood Company Lockwood Company Lockwood Company Lockwood Company
Van Epps Company Van Epps Company Van Epps Company Van Epps Company Van Epps Company Van Epps Company Van Epps Company
Totals $Totals $Totals $Totals $Totals $Totals $Totals\

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