Q.7. Empire Bridal Boutique bad debts account. An analysis of the accounts receivable of Empire Bridal Boutique reveals the following: Balance Est. Percentage Not due 1-30 days past due 31-60 days past due Over 60 days past due $75,000 9,100 8,300 21 401 Prepare an aging schedule Est. Percentage Est. Amount Uncollectible Balance Not due 1-30 days past due 31-60 days past due Over 60 days past due 2% 75,000 9,100 8, 300 900 Q8.. The following is a list of outstanding notes payable as of December 31, 20. Interest is paid at maturity. Date of Note 10/14 11/23 12/16 Interest Acerued Interest $4,500 $7,200 $13, 000 8.5t 74 90 days 120 days 150 days b. c. Required: 1. Compute the accrued interest at the end of the period. Q.9. Calculate interest using a 360-day year. PrincipalInterest Rate ime 1. $2,700 3,000 9.6t 8.0t 6.0t 10.5% 12.0 30 days 45 days 80 days 120 days 150 days 2. 3. 3,300 4. 3,800 5. 5, 300