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08-2B_9e - Due 1 30 31 60 61 90 Daytime Beauty 20,000...

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Problem 8-2B Name: Section: Enter the appropriate amount or item in the shaded cells. An asterisk (*) will appear next to an incorrect amount in the outlined cells. 1. Customer Due Date Number of Days Past Due Uniquely Yours July 1, 2007 days Paradise Beauty Store September 29, 2007 days Morgan's Hari Products October 17, 2007 days Hairy's Hair Care October 31, 2007 days Superior Images November 18, 2007 days Oh The Hair November 30, 2007 days Mountain Coatings December 1, 2007 days Theatrical Images January 3, 2008 days 2. and 3. Aging-of-Receivables Schedule December 31, 2007 Days Past Due Not Past Customer Balance
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Unformatted text preview: Due 1 - 30 31 - 60 61 - 90 Daytime Beauty 20,000 20,000 Blount Wigs 11,000 11,000 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Zabka's 2,900 2,900 Subtotals 780,000 398,600 197,250 98,750 33,300 Uniquely Yours 1,200 Paradise Beauty Store 1,050 Morgan's Hair Products 800 Hairy's Hair Care 2,000 Superior Images 700 Oh The Hair 3,500 Mountain Coatings 1,000 Theatrical Images 6,200 Totals 796,450 Percentage uncollectible Estimate of doubtful accounts 4. Over 91 - 120 120 ~~~~~~~~~~~~~~ 29,950 22,150...
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