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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 November 30: Not Days Past Due Past Due Over 90 Customer Balance 1-30 31-60 61-90 5,500 5,500 Acme Industries Inc. Alliance Company - 4,600.--------------...------------------------- - - - - - - - - - - - - - - - - - --- Zollinger Company 11,900 11,900 670,200 Subtotals 404,900 147,400 64,300 33,500 20,100 The following accounts were unintentionally omitted from the aging schedule and not included in the subtotals above: Customer Balance Due Date Boyd Industries Hodges Company Kent Creek Inc. $9,400 6,700 13,400 8,000 18,100 July 10 September 20 October 18 November 3 December 21 Lockwood Company Van Epps Company a. Determine the number of days past due for each of the preceding accounts as of November 30. If an account is not past due, enter 0. a. Determine the number of days past due for each of the preceding accounts as of November 30. If an account is not past due, enter 0. Customer Due Date Number of Days Past Due Boyd Industries July 10 days Hodges Company September 20 Kent Creek Inc. October 18 days days days Lockwood Company November 3 Van Epps 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. Evers Industries Aging of Receivables Schedule November 30 Not Past Due Days Past Due 1-30 Days Past Due 31-60 Days Past Due 61-90 $5,500 4,600 Customer Balance Acme Industries Inc. $5,500 Days Past Due Over 90 Alliance Company 4,600 11,900 11,900 670,200 404,900 147,400 64,300 33,500 20,100 Zollinger Company Subtotals Boyd Industries Hodges Company Kent Creek Inc. Lockwood Company Van Epps Company Un Totals
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