1. Please adjust the provided AR aging schedule - and apply our policy

Note from Miranda: Based on the above recorded transactions, please update the previous months aged accounts receivable schedule. Then please apply the companys policy, which main points are noted below. Please use the provided templates.

Policy notes:

1. No individual customer will have an account balance that exceeds $10,000
2. We will write off accounts that are 120+ overdue
3. We notify customers after 90 days that their account is not in good standing

Using the following template, please update in the blank version below:

Plants From Paradise
Aged Receivables Listing
November 30, 2021
Account #	Name	<30 days	30 - 60 days	60 90 days	>90 days	120+ days	Total Balance
150 - 100	Larry's Landscaping		$2,300				$2,300
250 - 100	Billy Jeans Ponds						$0
350 - 100	Harrys Hedges					$1,500	$1,500
450 - 100	Big Berry Corp			$8,750			$8,750
Total			2,300	$8,750		1,500	12,550

Apply the policy:

1. For any account that exceeds (at any point) $10,000 please flag for my review (1 mark)
2. Prepare any journal entries required for accounts that are to be written off, please note that Plants from Paradise has an Allowance for Doubtful accounts account balance of $2,000.

Entry #	Date	Description	Account Name	Debit or Credit	Amount

3. For all accounts that are greater than 90 days, please identify them, and draft a quick (3-4 sentence) email template that communicates for each overdue account
4. Plants from Paradise December 22, 2021 Victoria BC 250 - 555-5858 Bill To: Larry Larry's Landscaping Victoria BC 250 - 888-8989 DESCRIPTION AMOUNT Plant Order $ 5,179.99 Soil Order $ 1,250.00 Delivery $ 99.98 Total $ 6,529.97 THANK YOU FOR YOUR BUSINESS! Invoice #21-080 Plants from Paradise December 20, 2021 Victoria BC 250 - 555-5858 Bill To: Larry Larry's Landscaping Victoria BC 250 - 888-8989 DESCRIPTION AMOUNT Plant Order $ 179.99 Delivery $ 49.99 Total $ 229.98 THANK YOU FOR YOUR BUSINESS! Invoice #21-078 Page 2 of 4 Plants from Paradise December 15, 2021 Victoria BC 250 - 555-5858 Bill To: Billy Jean Billy Jean's Pond Co Victoria BC 250 - 888-8999 DESCRIPTION AMOUNT Soil Order $ 250.00 Plant order $ 799.00 Total $ 1,049.00 THANK YOU FOR YOUR BUSINESS! Invoice #21-077 Page 3 of 4 Plants from Paradise December 15, 2021 Victoria BC 250 - 555-5858 Bill To: Larry Larry's Landscaping Victoria BC 250 - 888-8989 DESCRIPTION AMOUNT Plants Order $ 2,000.00 Delivery $ 49.99 Total $ 2,049.99 THANK YOU FOR YOUR BUSINESS! Invoice #21-076 Page 4 of 4