Trophy Fish Company supplies flies and fishing gear to sporting goods stores and outfitters 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, 20Y6: 1 2 3 AAA Outfitters 5 Brown Trout Fly Shop 6 7 Customer 8 Zigs Fish Adventures 9 Subtotals Customer Balance Adams Sports & Flies 20,600.00 7,200.00 4,200.00 1,301,200.00 Not Due Date May 22, 2016 Past Due 20,600.00 751,700.00 The following accounts were unintentionally omitted from the aging schedule: Balance Days Past Due Days Past Due Days Past Due $4,900 1-30 4,200.00 287,100.00 31-60 7,200.00 126,100.00 1-90 37,800.00 Days Past Due 91-120 23,500.00 Days Past Due Over 120 75,000.00

1. Determine the number of days past due for each of the preceding accounts. If an account is not past due, enter a zero. \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline & & & December 31 . & 2016 & & & \\ \hline 1 & & & & Days Past Due & Days Past Due & Days Past Due & Days P \\ \hline? & Customer & Balance & Not Past Due & 130 & 3160 & 6190 & 91 \\ \hline F & AMA Outitters: & 20,600.00 & 20,600,00 & & & & \\ \hlinec & Brown Trout fly Shop & 7,200.00 & & & 720000 & & \\ \hline I. & & & & & & & + \\ \hline 4 & Zigs Fish Adventures: & 4,200.00 & & 4,200,00 & & & \\ \hline 7 & Subtotals & 1,301,200.00 & 751.700 .00 & 287,100.00 & 126,10000 & 37,800.00 & \\ \hline 1 & Adams Sports \& Flies & & & & & & \\ \hline , & Biue Dun Flies & & & & & & \\ \hline 10 & Cicada Fish ca. & & & & & & \\ \hline u & Deschutes Sports & & & & & & \\ \hline 1) & Green River Sports & & & & & & \\ \hline 13 & Smith River Co. & & & & & 6 & \\ \hline 34 & Western Trout Company & & & & & & \\ \hline is & Wolfe Sparts & & & & & & \\ \hline 16 & Total & & & & & & \\ \hline 17 & Percentage uncollectible & & & & & & \\ \hline u & Estimate of uncollectible accounts & & & & & & \\ \hline \end{tabular} Trophy Fish Company General Ledger ASSETS 110 Cash 111 Petty Cash REVENUE 410 Sales 610 Interest Revenue 121 Accounts Receivable-Adams Sports \& Flies 122 Accounts Receivable-Blue Dun Flies 123 Accounts Receivable-Cicada Fish Co. 124 Accounts Receivable-Deschutes Sports 125 Accounts Receivable-Green River Sports 126 Accounts Receivable-Smith River Co0 127 Accounts Receivable-Westem Trout Company 128 Accounts Receivable-Wolfe Sports 129 Allowance for Doubtful Accounts 131 Interest Receivable 132 Notes Recelvable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies: 151 Prepaid Insurance 181 Land 191 Store Equipment 192 Accumulated Depreciation-Store Equipment 193 Office Equipment 194 Accumulated Depreciation-Office Equipment EXPENSES 510 Cost of Merchandise Sold 520 Sales Salaries Expense 521 Advertising Expense 522 Depreciation Expense-Store Equipment 523 Delivery Expense 524 Repairs Expense 529 Selling Expenses 530 Office Salaries Expense 531 Rent Expense 532 Depreciation Expense-Office Equipment 533 Insurance Expense 534 Office Supplies Expense 535 Store Supplies Expense 536 Credit Card Expense 537 Cash Short and Over 538 Bad Debt Expense 539 Miscellaneous Expense 710 Interest Expense LIABILITIES 210 Accounts Payable 211 Salaries Payable 213 Sales Tax Payable 214 Interest Payable The following accounts were unintentionally omitted from the aging schedule: Trophy Fish has a past history of uncollectible accounts by age category, as follows: 3. Estimate the allowance for doubtful accounts, based on the aging of receivables schedule. Journal 4. Assume that the allowance for doubtrut accounts for Trophy Fish Company has a debit balance of \$4,000 before adjustment on December 31, 20 Y6. Journalize the adfusting entry for uncollectible accounts. Fefer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for joumal expianations. Every ine on a journal page is used for debl or credit entries. CNOW joumals wil automatically indent a credit enity when a crodit amount is entered. 5. Assuming that the adjusting entry in (4) was inadverfently omitted, how would the omission affoct the balance sheet and income statement? Trophy Fish Company supplies fles and tishing gear to sporting goods stores and outfitters throughout the western United States. The accosints meceivable clerk for Trophy Fish preparod the following partially completed aging of receivables schedule as of the end of business on December 31,20 Y 6 : The following acoounts were unimentionally omitted from the aging schedule: 1. Determine the number of days past due for each of the preceding accounts. If an account is not past due, enter a zero. 2. Complete the aging of receivables schedule by adding the omitted accounts to the bottom of the schedule and updating the fotals. 3. Estimate the allowance for doubtful accounts, based on the aging of receivables schedule. 4. Assume that the allowance for doubtful accounts for Trophy Fish Company has a debit balance of $4,000 before adjustment on December 31 , 20Y6. Journalize the adjusting entry for uncollectible accounts. Fefer fo the chart of accounts for the exact wording of the account tilles. CNOW journals do not use lines for joumal explanations. Every line on a joumal page is used for dobit or credit entries. CNOW joumals will automatically indont a credit ontry when a credit amount is entered. 5. Assuming that the adjusting entry in (4) was inadvertently omited, how would the omission affect the balance sheet and income statement