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Number of days past due Toot Auto Supply distributes new and used automobile parts to local dealers throughout the Midwest. Toot's credit terms are
Number of days past due Toot Auto Supply distributes new and used automobile parts to local dealers throughout the Midwest. Toot's credit terms are n/30. As of the end of business on October 31, the following accounts receivable were past due: Account Avalanche Auto Bales Auto Derby Auto Repair Due Date Amount August 20 $12,000 October 10 2,400 June 22 3,900 Lucky's Auto Repair September 20 6,600 Pit Stop Auto September 22 1,100 Reliable Auto Repair July 8 9,750 Trident Auto August 18 1,800 Valley Repair & Tow May 25 4,000 Determine the number of days each account is past due as of October 31. Number of Days Account Due Date Past Due Avalanche Auto August 20 Bales Auto October 10 Derby Auto Repair June 22 Lucky's Auto Repair September 20 Pit Stop Auto September 22 Reliable Auto Repair July 8 Trident Auto August 18 Valley Repair & Tow May 25
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