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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 20 | $12,000 |
Bales Auto | October 7 | 2,400 |
Derby Auto Repair | June 21 | 3,900 |
Lucky's Auto Repair | September 7 | 6,600 |
Pit Stop Auto | September 24 | 1,100 |
Reliable Auto Repair | July 1 | 9,750 |
Trident Auto | August 25 | 1,800 |
Valley Repair & Tow | May 23 | 4,000 |
This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.
Determine the number of days each account is past due as of October 31. Round your answers to the nearest whole number.
Account | Due Date | Number of Days Past Due |
Avalanche Auto | August 20 | fill in the blank 2 |
Bales Auto | October 7 | fill in the blank 3 |
Derby Auto Repair | June 21 | fill in the blank 4 |
Lucky's Auto Repair | September 7 | fill in the blank 5 |
Pit Stop Auto | September 24 | fill in the blank 6 |
Reliable Auto Repair | July 1 | fill in the blank 7 |
Trident Auto | August 25 | fill in the blank 8 |
Valley Repair & Tow | May 23 | fill in the blank 9 |
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