Factoring Blair Finance factors the accounts of the Holder Company. All eight factored accounts are shown...

 

 

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Factoring Blair Finance factors the accounts of the Holder Company. All eight factored accounts are shown in the following table, E, with the amount factored, the date due, and the status on May 30. Indicate the amounts that Blair should have remitted to Holder as of May 30 and the dates of those remittances. Assume that the factor's commission of 3% is deducted as part of determining the amount of the remittance. As of May 30, what amount should Blair have remitted for Account A and on what date should remittance have occurred? (Round to the nearest dollar and select from menus.) drop-down Date remitted Account Amount Date due Status on May 30 Amount remitted Month Date A $700,000 May 30 Collected May 22 S 679,000 May 22 B $320,119 May 30 Uncollected May 30 Account Amount S700,000 S320,119 $379,132 S282,143 S453,867 S653,973 $324,553 $137,794 Date due Status on May 30 May 30 Collected May 22 May 30 Uncollected May 30 Uncollected June 6 Collected May 30 May 30 Collected May 20 June 15 Collected May 30 May 20 Uncollected June 28 Collected May 30 F ABCDEEGH Factoring Blair Finance factors the accounts of the Holder Company. All eight factored accounts are shown in the following table, E, with the amount factored, the date due, and the status on May 30. Indicate the amounts that Blair should have remitted to Holder as of May 30 and the dates of those remittances. Assume that the factor's commission of 3% is deducted as part of determining the amount of the remittance. As of May 30, what amount should Blair have remitted for Account A and on what date should remittance have occurred? (Round to the nearest dollar and select from menus.) drop-down Date remitted Account Amount Date due Status on May 30 Amount remitted Month Date A $700,000 May 30 Collected May 22 S 679,000 May 22 B $320,119 May 30 Uncollected May 30 Account Amount S700,000 S320,119 $379,132 S282,143 S453,867 S653,973 $324,553 $137,794 Date due Status on May 30 May 30 Collected May 22 May 30 Uncollected May 30 Uncollected June 6 Collected May 30 May 30 Collected May 20 June 15 Collected May 30 May 20 Uncollected June 28 Collected May 30 F ABCDEEGH