Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please answer this accounting sheet as soon as possible please which type of information you need but tell me so I can provide you didn't
please answer this accounting sheet as soon as possible please
which type of information you need but tell me so I can provide you didn't even said that
KSHEETAL... Aging of receivables; estimating allowance for doubtful accounts Instructions Chart of Accounts Starting Question Aging of Receivables Schedule Additional Question Journal Instructions Trophy Fish Company supplies flies and fishing gear to sporting goods stores and outfers throughout the western United States. The accounts receivable clerk for Trophy Fish prepared the following partially completed aging of receivables schedule as of the end of business on December 31, 2014 Not Days Past Due Days Past Due Days Past Due Days Post Due Days Past Due Past Customer Balance Dup 1-50 31-60 61-90 91-120 Over 120 AMA Outfitters 20.600.00 20,600.00 5 Bruwen Trout Fly Shop 7,200.00 7,200.00 1 Zig Fish Adventure 4,200.00 4.200.00 Subtotals 1,301.700.00 751,700.00 287,100.00 126.100,00 37.800.00 25 75,000.00 The following accounts were intentionally omitted from the aging schedule. Assume al due dates are for the current years for Wolfe Sports, which is where year SS: 11 items Check My Work Save and Sun Assen for Grading Score: 0 12 PM UN The following accounts were unintentionally omitted from the aging schedule. Assume all due dates are for the current year except for Wolfe Sports, which is due in the next year Balance Customer Adams Sports & Flies Due Date May 22 $4,900 Blue Dun Flies Oct 10 5,200 Sept. 29 8,300 Cicada Fish Co. Deschutes Sports Green River Sports Oct 20 6.800 Nov. 7 3,800 Smith River Co Nov 28 2.900 Dec. 7 7,000 Western Trout Company Wolfe Sports Jan. 20 4,400Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started