* M Your answer is ready - h x Course Hero X x 1 Chapter 8 HW: Receivab x CengageNOWv2 | Onlin x . Cengage Learning x | C Note receivable Prefix S X G Google Account x + v Homepage | LAMC G O 20 v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=assignment-take&inprogress=false Chapter 8 HW: Receivables eBook Show Me How The following accounts were unintentionally omitted from the aging schedule and not included in the preceding subtotals: Customer Balance Due Date Boyd Industries $36,000 April 7 99 Hodges Company 11,500 May 29 Kent Creek Inc. 6,600 June 8 Lockwood Company 7,400 August 10 Van Epps Company 13,000 July 2 a. Determine the number of days past due for each of the preceding accounts as of July 31. If an account is not past due, enter 0. Customer Due Date Number of Days Past Due Boyd Industries April 7 115 days O Hodges Company May 29 63 days Kent Creek Inc. June 53 days Lockwood Company August 10 0 days Van Epps Company July 2 29 days b. Complete the aging of receivables schedule by adding the omitted accounts to the bottom of the schedule and updating the totals. If an amount box does not require an entry, leave it blank. Evers Industries Aging of Receivables Schedule July 31 Customer Balance Not Past Days Past Days Past Days Past Days Past Due Due 1-30 Due 31-60 Due 61-90 Due Over 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 Hodges Company Kent Creek Inc. Lockwood Company Van Epps Company Totals 10:20 PM Previous Next Monday Check My Work 3 more Check My Work uses remaining. 9/23/2024 All work saved. Save and Exit Submit Assignment for Grading Assignment Score: 64.44%v Homepage | LAMC X Q Chapter 8 HW: Rece X CengageNOWv2|0 x Cengage Learning x C Note receivable Pre X G Google Account * M Your answer is read * *Homework Help - C X * 48498089 (1920*10 X + X O 2 v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=assignment-take&inprogress=false G Di Chapter 8 HW: Receivables eBook Show Me How Aging of receivables schedule The accounts receivable clerk for Evers Industries prepared the following partially completed aging of receivables schedule as of the end of business on July 31: Not Past Days Past Due Days Past Due Days Past Due Days Past Due 99 Customer Balance Due 1-30 31-60 61-90 Over 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 15,000 35,000 30,000 The following accounts were unintentionally omitted from the aging schedule and not included in the preceding subtotals: Customer Balance Due Date Boyd Industries $36,000 April 7 Hodges Company 11,500 May 29 Kent Creek Inc. 6,600 June 8 Lockwood Company 7,400 August 10 Van Epps Company 13,000 July 2 a. Determine the number of days past due for each of the preceding accounts as of July 31. If an account is not past due, enter 0. Customer Due Date Number of Days Past Due Boyd Industries April 7 115 days Hodges Company May 29 63 days Kent Creek Inc June 8 53 days Lockwood Company August 10 0 days Van Epps Company July 2 29 days b. Complete the aging of receivables schedule by adding the omitted accounts to the bottom of the schedule and updating the totals. If an amount box does not require an entry, leave it blank. Evers Industries Aging of Receivables Schedule July 31 Customer Balance Not Past Days Past Days Past Days Past Days Past Due Due 1-30 Due 31-60 Due 61-90 Due Over 90 Acme Industries Inc. $3,000 $3,000 $ Alliance Company 500 4,500 883 10:21 PM Monday Check My Work 3 more Check My Work uses remaining. Previous Next 9/23/2024 Assignment Score: 64.44% All work saved. Save and Exit Submit Assignment for Grading