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Number of Days Past Due Toot Auto Supply distributes new and used automobile parts to local dealers throughout the Midwest. Toots credit terms are n/30.
Number of Days Past Due
Toot Auto Supply distributes new and used automobile parts to local dealers throughout the Midwest. Toots credit terms are n/30. As of the end of business on October 31, the following accounts receivable were past due:
Account | Due Date | Amount |
Avalanche Auto | August 15 | $12,000 |
Bales Auto | October 4 | 2,400 |
Derby Auto Repair | June 26 | 3,900 |
Lucky's Auto Repair | September 10 | 6,600 |
Pit Stop Auto | September 24 | 1,100 |
Reliable Auto Repair | July 2 | 9,750 |
Trident Auto | August 25 | 1,800 |
Valley Repair & Tow | May 23 | 4,000 |
Determine the number of days each account is past due as of October 31.
Account | Due Date | Number of Days Past Due |
Avalanche Auto | August 15 | |
Bales Auto | October 4 | |
Derby Auto Repair | June 26 | |
Lucky's Auto Repair | September 10 | |
Pit Stop Auto | September 24 | |
Reliable Auto Repair | July 2 | |
Trident Auto | August 25 | |
Valley Repair & Tow | May 23 |
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