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

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Aging of Receivables Schedule The accounts receivable clerk for Kirchhoff Industries prepared the following partially completed aging of receivables schedule as of the end of business and Not Days Past Due Past Over Customer Balance Due 1-30 31-60 61-90 90 Academy Industries Inc 5,000 5,000 Ascent Company S4300 5,300 Zoot Company 9,800 9,800 Subtotals 769,700 464,900 169,300 73,900 38,500 23,100 The following accounts were unintentionally omitted from the aging schedule and not included in the subtotals above Customer Balance Due Date Conover Industries $10,800 July 9 Keystone Company 7,700 September 19 Moxie Creek Inc 15,400 October 19 Rainbow Company 9,200 November Swanson Company 20,800 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 July 9 days September 19 days Conover Industries Keystone Company Moxie Creek Inc Rainbow Company Swanson Company days October 17 November 3 December 21 days days b. Complete the aging-of-receivables schedule by adding the omitted accounts to the bottom of the schedule and updating the totals. It an amount be Kirchhoff Industries Aging of Receivables Schedule November 30 Customer Not Past Days Past Days Past Days Past Balance Days Past Due Due 1-30 Due 31-60 Due 61-90 Due Over 90 Academy Industries Inc. 5,000 5,000 Ascent Company 5,300 5,300 Zoot Company 9,800 9,800 Subtotals 769,700 464,900 169,300 73,900 38,500 23,100 Conover Industries Keystone Company Moxie Creek Inc. Rainbow Company 5 October 17 days Moxie Creek Inc Rainbow Company Swanson Company days November 3 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 amor Kirchhoff Industries Aging of Receivables Schedule November 30 Not Past Days Past Days Past Days Past Days Past Due 1-30 Due 31-60 Due 61-90 Due Over 90 Customer Balance Due Academy Industries Inc. 5,000 5,000 5,300 5,300 9,800 9,800 769,700 464,900 169,300 73,900 38,500 Ascent Company Zoot Company Subtotals Conover Industries Keystone Company Moxie Creek Inc. 23,100 Rainbow Company Swanson Company Totals

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