Exercise 8-8 Name: Section: Score: 0% Key Code: [Key code here] Instructions Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. An asterisk (*) will appear to the right of an incorrect entry. Enter a zero in cells you would otherwise leave blank. A. Number of Days

Past Due Customer Due Date Boyd Industries April 7 Hodges Company May 29 Kent Creek Inc. June 8 Lockwood Company August 10 Van Epps Company July 2 B. Aging of Receivables Schedule August 31 Days Past Due Not Past Over Customer Balance Due 1 - 30 31 - 60 61 - 90 90 Acme Industries Inc. $3,000 $3,000 Alliance Company 4,500 $4,500 Zollinger Company 5,000 5,000 Subtotals $ 1,050,000 $600,000 $220,000 $115,000 $85,000 $30,000 Boyd Industries 36,000 Hodges Company 11,500 Kent Creek Inc. 6,600 Lockwood Company 7,400 Van Epps Company 13,000 Totals $ 1,124,500