Question
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
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 on November 30: Not Days Past Due Past Over Customer Balance Due 1-30 31-60 61-90 90 Academy Industries Inc. 5,400 5,400 Ascent Company 3,900 3,900 Zoot Company 9,600 9,600 Subtotals 853,900
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 |
Conover Industries | July 11 | fill in the blank a92599006ffc05b_1 days |
Keystone Company | September 21 | fill in the blank a92599006ffc05b_2 days |
Moxie Creek Inc. | October 18 | fill in the blank a92599006ffc05b_3 days |
Rainbow Company | November 4 | fill in the blank a92599006ffc05b_4 days |
Swanson Company | December 21 | fill in the blank a92599006ffc05b_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.
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 |
Academy Industries Inc. | 5,400 | 5,400 | fill in the blank 0fef0906cfcdfe9_1 | fill in the blank 0fef0906cfcdfe9_2 | fill in the blank 0fef0906cfcdfe9_3 | fill in the blank 0fef0906cfcdfe9_4 |
Ascent Company | 3,900 | fill in the blank 0fef0906cfcdfe9_5 | 3,900 | fill in the blank 0fef0906cfcdfe9_6 | fill in the blank 0fef0906cfcdfe9_7 | fill in the blank 0fef0906cfcdfe9_8 |
Zoot Company | 9,600 | fill in the blank 0fef0906cfcdfe9_9 | fill in the blank 0fef0906cfcdfe9_10 | 9,600 | fill in the blank 0fef0906cfcdfe9_11 | fill in the blank 0fef0906cfcdfe9_12 |
Subtotals | 853,900 | 515,700 | 187,900 | 82,000 | 42,700 | 25,600 |
Conover Industries | fill in the blank 0fef0906cfcdfe9_13 | fill in the blank 0fef0906cfcdfe9_14 | fill in the blank 0fef0906cfcdfe9_15 | fill in the blank 0fef0906cfcdfe9_16 | fill in the blank 0fef0906cfcdfe9_17 | fill in the blank 0fef0906cfcdfe9_18 |
Keystone Company | fill in the blank 0fef0906cfcdfe9_19 | fill in the blank 0fef0906cfcdfe9_20 | fill in the blank 0fef0906cfcdfe9_21 | fill in the blank 0fef0906cfcdfe9_22 | fill in the blank 0fef0906cfcdfe9_23 | fill in the blank 0fef0906cfcdfe9_24 |
Moxie Creek Inc. | fill in the blank 0fef0906cfcdfe9_25 | fill in the blank 0fef0906cfcdfe9_26 | fill in the blank 0fef0906cfcdfe9_27 | fill in the blank 0fef0906cfcdfe9_28 | fill in the blank 0fef0906cfcdfe9_29 | fill in the blank 0fef0906cfcdfe9_30 |
Rainbow Company | fill in the blank 0fef0906cfcdfe9_31 | fill in the blank 0fef0906cfcdfe9_32 | fill in the blank 0fef0906cfcdfe9_33 | fill in the blank 0fef0906cfcdfe9_34 | fill in the blank 0fef0906cfcdfe9_35 | fill in the blank 0fef0906cfcdfe9_36 |
Swanson Company | fill in the blank 0fef0906cfcdfe9_37 | fill in the blank 0fef0906cfcdfe9_38 | fill in the blank 0fef0906cfcdfe9_39 | fill in the blank 0fef0906cfcdfe9_40 | fill in the blank 0fef0906cfcdfe9_41 | fill in the blank 0fef0906cfcdfe9_42 |
Totals | fill in the blank 0fef0906cfcdfe9_43 | fill in the blank 0fef0906cfcdfe9_44 | fill in the blank 0fef0906cfcdfe9_45 | fill in the blank 0fef0906cfcdfe9_46 | fill in the blank 0fef0906cfcdfe9_47 | fill in the blank 0fef0906cfcdfe9_48 |
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