WRD 26e_PR 09-2B_Sol - Problem 9-2B Name Section Score Key Code 0[Key code here Instructions Answers are entered in the cells with gray backgrounds

WRD 26e_PR 09-2B_Sol - Problem 9-2B Name Section Score Key...

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Problem 9-2B Name: Section: Score: 0% Key Code: [Key code here] 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. 1. Customer Due Date Arcade Beauty August 17, 2015 Creative Images October 30, 2015 Excel Hair Products July 3, 2015 First Class Hair Care September 8, 2015 Golden Images November 23, 2015 Oh That Hair November 29, 2015 One Stop Hair Designs December 7, 2015 Visions Hair & Nail January 11, 2016 2., 3. Aging of Receivables Schedule December 31, 2015 Days Past Due Not Past Over Customer Balance Due 1 - 30 31 - 60 61 - 90 91 - 120 120 ABC Beauty $ 15,000 $ 15,000 Angel Wigs 8,000 $ 8,000 Zodiac Beauty 3,000 ### Subtotals $ 875,000 $ 415,000 $ 210,000 $ 112,000 $ 55,000 $ 18,000 $ 65,000 Arcade Beauty 10,000 Creative Images 8,500 Excel Hair Products 7,500 First Class Hair Care 6,600 Golden Images 3,600 Oh That Hair 1,400 One Stop Hair Designs 4,000 Visions Hair & Nail 9,000 Totals $ 925,600 Percent uncollectible Estimate of uncollectible accounts Instructions Number of Days Past Due

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