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For this assignment, please complete Assignment #3, Accounts Receivable, Bad Debts and Advertising Revenues, in the Valley Publishing Company text. Once the work is completed,
For this assignment, please complete Assignment #3, "Accounts Receivable, Bad Debts and Advertising Revenues," in the Valley Publishing Company text. Once the work is completed, please have 1 group member upload the group's completed work. The work papers are as follows: B-1 and supporting work to B-1, B-2, B-3, B-4, B-5, B-6, B-7,B-8, B-9, B-10, and B-11. Please also provide a list of adjusting entries.
VALLEY PUBLISHING COMPANY #121 - Accounts Receivable Trial Balance 12/31/20x2 [Aged trial balance prepared by client] AGING CUSTOMER Apple Valley Theaters Dixon Service Station Food Basket Marts Luper Drugs Medford Hardware Men's Shop Mindy'sWear Department Store Parnell Chevrolet Pete's Grill Valley Apple Festival Valley Food Supply Vanline Ford Ved Mart Walser Stores Yale Cafeterias Other local display National Daily Agency ACCT # 1045 3177 3456 4613 5233 5381 5433 5872 5927 8164 8184 8216 8298 8728 8960 8999 9500 W/P REF B-2 B-3 B-4 B-11 B-5 B-6 B-7 B-8 B-9 B-9 B-9 B-9 B-10 CURRENT 28,000 8,527 27,624 12,674 19,188 17,448 26,590 22,883 0 0 24,668 21,293 27,222 25,827 24,991 48,216 98,446 433,597 30-60 DAYS 5,080 9,844 6,500 16,130 4,800 42,354 OMPANY al Balance d by client] AGING 60-90 DAYS OVER 90 DAYS 5,540 2,397 5,354 7,010 5,600 9,710 20,547 15,064 TOTAL 28,000 19,147 27,624 12,674 21,585 27,292 26,590 22,883 5,354 0 31,168 21,293 27,222 25,827 24,991 81,066 108,846 511,562 MAILED 1/6/20x3 positive positive positive negative negative positive positive positive negative positive positive positive positive positive negative positive B-1Step by Step Solution
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