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OBJ. 4 Ex 9-8 Aging of receivables schedule The accounts receivable clerk for Kirchhoff Industries prepared the following partially completed aging of receivables schedule as

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OBJ. 4 Ex 9-8 Aging of receivables schedule The accounts receivable clerk for Kirchhoff Industries prepared the following partially completed aging of receivables schedule as of the end of business on August 31: Days Past Due Not Over Past Balance Due 1-30 31-60 61-90 90 Customer 4 Academy Industries Inc. 3,000 3000 4,500 4,500 5 Ascent Company 5,000 5,000 21 Zoot Company 1,050,000 600,000 220,000 115,000 85,000 30,000 22 Subtotals (Continued)

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