On October 3, Sandberg Art Supplies placed the following oil paint order with Schutzen Oils:

• Cerulean Blue - 37 mL - 13 tubes @ $14.30 each
• Chromium Oxide Green - 37 mL - 16 tubes @ $6.29 each
• Dioxazine Purple - 37 mL - 9 tubes @ $16.13 each
• Titanium White - 37 mL - 16 tubes @ $11.85 each
• Titanium White - 150 mL - 11 tubes @ $30.39 each
• Venetian Red - 37 mL - 14 tubes @ $5.29 each

Begin by analyzing this transaction from the perspective of the accounts receivable department at Schutzen Oils. Use the following templates to complete this Part I of the assignment.

AR CUSTOMER FILE Sandberg Art Supply Date Detail Debit Credit Balance Account Name: ACCOUNTS RECEIVABLE Date Detail Debit Credit Balance GENERAL LEDGER Date Description Posting Debit Credit Ref.SCHUTZEN OILS Schedule of Accounts Receivable October 15 Customer Amount Current Past Due Past Due Past Due Due 1-30 Days 31-60 Days 61+ Days Totals