Elizabeth Webb received a remittance advice with funds for $6127.00 from Nic Matthew on 31 July 2022 (shown in figure 6.101). This remittance is for June credit sales by Elizabeth Webb to Nic Matthew, where the agreed trading terms are net 30 days.

The extract accounts receivable aged listing of Elizabeth Webb is obtained from the accounts receivable ledger. Figure 6.102 shows the account of Nic Matthew as at 31 July 2022.

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Quarygoe Road Ballina 2478 Date 19 May 22 Purchases 2 Jun 22 Purchases 9 Jun 22 Purchases 11 Jun 22 Purchases 15 Jun 22 Purchases 20 Jun 22 Purchases 21 Jun 22 Purchases 25 Jun 22 Purchases 30 Jun 22 Purchases 27 Jul 22 Bank Remittance Advice of Nic Matthew Elizabeth Webb 41 James Street Llandilo Particulars and Reference 2747 Tax inv 129 Tax inv 147 Tax inv 186 Tax inv 209 Tax inv 231 Tax inv 281 Tax inv 333 Tax inv 400 Tax inv 519 Pay ref 29522 Debit 6 127.00 31 July 2022 Customer No. 295 Credit 352.00 781.00 583.00 924.00 297.00 726.00 935.00 847.00 682.00 Balance 352.00 1 133.00 1 716.00 2 640.00 2 937.00 3 663.00 4 598.00 5 445.00 6 127.00 0.00