Churt of Accounts Starting Question Aging of Receivables Schedule Additional Question Journal Final Question Tab in Trophy Poh Company and fishing to sporting goods to the United States. The recevable cheek for Trophy Fish prepared the follow pially completed schedashes on December 31, 2 Not Days Post Due Days Putu Day Putu Dust Pot Drys Put Due Pest D 1.30 10 O10 300.00 0000 1 1. MO 120.00 10000 Balance Due Dame M. 6.100 Adams Sports & Flies Blue Dun Flies Cicada Fish Co. Deschutes Sports Green River Sports Smith River Co. Western Trout Company Wolfe Sports May 22, 20Y6 Oct 10, 2016 Sept. 29. 2016 Oct. 20, 2046 Nov. 7, 20Y6 Nov. 28, 2016 Dec. 7. 2046 Jan. 20. 2027 $4,800 4,700 8,600 7.000 3,500 2.200 6.900 4,200 Trophy Fish has a past history of uncollectible accounts by age category, as follows: Percent Uncollectible 1% 2 Age Class Not past due 1-30 days past due 31-60 days past due 61-90 days past due 91-120 days past due Over 120 days past de 12 28 41 B4 Required: 1. Determine the number of day past due for each of the preceding accounts an accounts of past can enter a revo 2. Complete the aging of recevables schedule by adding the outed accounts to the bottom of the schedule and updating the sal 3. Estimate the allowance for doubt accounts, based on the way of redes schedule 4. Assume that the allowance for bol accounts for Trophy F Company has a debitance of 500 before adjustment December 21, 2016 Joumalize the adjusting entry for collecte accounts Refer to the chart of accounts for a sting of the acco 1 Determine the number of days past due for each of the preceding accounts. If an account is not past due, enter a zero. Due Date Number of Days Past Due Customer Adams Sports & Flies May 22, 2046 days Blue Dun Flies Oct 10, 2016 days Cicada Fish Ca Sept. 29, 2016 days Deschutes Sports Oct 20, 2016 days Green River Sports Nov. 7. 20Y6 days Smith River Co Nov. 28. 2046 days Western Trout Company Dec. 7. 2096 days Wolle Sports Jan 20, 2017 days Chart of Accounts Starting Question Aging of Receivables Schedule Additional Question Journal Final Question Tab tud Angel Rechables Bicheduk Su De Pest Due Days Pest Due 1-30 Durys Past Due 91-120 Days Retur 65-90 Days Past Due Over 120 Ratan NotPestue Customer Out Beuty Shop 20.500.00 600.00 760000 Ad 39000 299.000 S 1318,100.00 7520000 129,300.00 36,900.00 17,400.00 75.500.00 C TH Adams Sports & bu Dun Fies Cada FC Descut Sot Get Soorts w w Company Wole Sports Additional Question 3. Estimate the allowance for doubtful accounts, based on the aging of receivables schedule. $ 11 Gn 13 Srl 2 Asume that the water to doubtlul accounts for Trophy Fish Company has a debir balance of $2.500 before ajustment on Deormber 31, 2016. Journalize the adjusting entry for us esteg ofte les the company uses PAGE 10 JOURNAL ACCOUNTING EQUATION POST REY DET AISETS LABILITIES FOUTY Churt of Accounts Starting Question Aging of Receivables Schedule Additional Question Journal Final Question Tab in Trophy Poh Company and fishing to sporting goods to the United States. The recevable cheek for Trophy Fish prepared the follow pially completed schedashes on December 31, 2 Not Days Post Due Days Putu Day Putu Dust Pot Drys Put Due Pest D 1.30 10 O10 300.00 0000 1 1. MO 120.00 10000 Balance Due Dame M. 6.100 Adams Sports & Flies Blue Dun Flies Cicada Fish Co. Deschutes Sports Green River Sports Smith River Co. Western Trout Company Wolfe Sports May 22, 20Y6 Oct 10, 2016 Sept. 29. 2016 Oct. 20, 2046 Nov. 7, 20Y6 Nov. 28, 2016 Dec. 7. 2046 Jan. 20. 2027 $4,800 4,700 8,600 7.000 3,500 2.200 6.900 4,200 Trophy Fish has a past history of uncollectible accounts by age category, as follows: Percent Uncollectible 1% 2 Age Class Not past due 1-30 days past due 31-60 days past due 61-90 days past due 91-120 days past due Over 120 days past de 12 28 41 B4 Required: 1. Determine the number of day past due for each of the preceding accounts an accounts of past can enter a revo 2. Complete the aging of recevables schedule by adding the outed accounts to the bottom of the schedule and updating the sal 3. Estimate the allowance for doubt accounts, based on the way of redes schedule 4. Assume that the allowance for bol accounts for Trophy F Company has a debitance of 500 before adjustment December 21, 2016 Joumalize the adjusting entry for collecte accounts Refer to the chart of accounts for a sting of the acco 1 Determine the number of days past due for each of the preceding accounts. If an account is not past due, enter a zero. Due Date Number of Days Past Due Customer Adams Sports & Flies May 22, 2046 days Blue Dun Flies Oct 10, 2016 days Cicada Fish Ca Sept. 29, 2016 days Deschutes Sports Oct 20, 2016 days Green River Sports Nov. 7. 20Y6 days Smith River Co Nov. 28. 2046 days Western Trout Company Dec. 7. 2096 days Wolle Sports Jan 20, 2017 days Chart of Accounts Starting Question Aging of Receivables Schedule Additional Question Journal Final Question Tab tud Angel Rechables Bicheduk Su De Pest Due Days Pest Due 1-30 Durys Past Due 91-120 Days Retur 65-90 Days Past Due Over 120 Ratan NotPestue Customer Out Beuty Shop 20.500.00 600.00 760000 Ad 39000 299.000 S 1318,100.00 7520000 129,300.00 36,900.00 17,400.00 75.500.00 C TH Adams Sports & bu Dun Fies Cada FC Descut Sot Get Soorts w w Company Wole Sports Additional Question 3. Estimate the allowance for doubtful accounts, based on the aging of receivables schedule. $ 11 Gn 13 Srl 2 Asume that the water to doubtlul accounts for Trophy Fish Company has a debir balance of $2.500 before ajustment on Deormber 31, 2016. Journalize the adjusting entry for us esteg ofte les the company uses PAGE 10 JOURNAL ACCOUNTING EQUATION POST REY DET AISETS LABILITIES FOUTY