Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 6 DelsocIndustries, a distributor of electrical supplies, had outstanding accounts receivable on December 3 1 , 2 0 1 7 , of $ 4

QUESTION 6
DelsocIndustries, a distributor of electrical supplies, had outstanding accounts receivable on December 31,2017, of $450,000 aged as follows:
\table[[\table[[Delcor Industrles],[Schedule of Accounts Recelvable by Age],[December 31,2014]]],[\table[[Customer's],[Name]],Total,\table[[Not],[Yet],[Due]],\table[[1 to 30],[Days],[Past Due]],\table[[31 to 60],[Days],[Past Due]],\table[[61 to 90],[Days],[Past Due]],\table[[Over],[90 Days],[Past Due]]],[Alton Group ..............,$90,000,,$90,000,,,],[,48,000,,,$22,000,$26,000,],[GDP Servicing ...........,162,000,$120,000,42,000,,,],[Parker's Electrical.......,80,000,80,000,,,,],[Trenton Construction.,15,000,,,,,$15,000
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cash, Corruption And Economic Development

Authors: Vikram Vashisht

1st Edition

1032096888, 9781032096889

More Books

Students also viewed these Accounting questions