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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 Over
Customer Balance Due 1-30 31-60 61-90 90
Acme Industries Inc. 3,500 3,500
Alliance Company 6,000 6,000
Zollinger Company 9,300 9,300
Subtotals 663,300 400,600 145,900 63,700 33,200 19,900

The following accounts were unintentionally omitted from the aging schedule and not included in the subtotals above:

Customer Balance Due Date
Boyd Industries $9,300 July 9
Hodges Company 6,600 September 20
Kent Creek Inc. 13,300 October 17
Lockwood Company 8,000 November 4
Van Epps Company 17,900 December 21

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 9 days
Hodges Company September 20 days
Kent Creek Inc. October 17 days
Lockwood Company November 4 days
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
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. $3,500 $3,500 $ $ $ $
Alliance Company 6,000 6,000
Zollinger Company 9,300 9,300
Subtotals 663,300 400,600 145,900 63,700 33,200 19,900
Boyd Industries
Hodges Company
Kent Creek Inc.
Lockwood Company
Van Epps Company
Totals $ $ $ $ $ $

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