06-01Pr_5e_s

Survey of Accounting (Available Titles Cengagenow)

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Name: Section: Score: 36% *Since some answer boxes are correct when left blank, the beginning score is greater than 0%. Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) will appear in the column to the right of an incorrect answer. 1. Aging of Receivables Schedule December 31, 2010 Days Past Due Not Past Over Customer Balance Due 1 - 30 31 - 60 61 - 90 91 - 120 120 Alpha Beauty $20,000 $20,000 Blonde Wigs 11,000 ### $11,000 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Zahn’s Beauty 2,900 2,900 Totals $925,550 $506,000 $219,500 $102,950 $36,100 $36,000 $25,000 Percentage Uncollectible Estimate of Doubtful Accounts 2-6. Assets = Liabilities + Stockholders' Equity Accounts Allow. For Retained Cash + Receivable - Doubtful Accts = + Earnings 2. Dec. 31, 2010 3. Dec. 31, 2010 4. Feb. 10, 2011 5. May 17, 2011 May 17, 2011 6. a. Feb. 10, 2011 6. b. May 17, 2011 May 17, 2011 7. Instructions
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

06-01Pr_5e_s - Problem 6-1 Name: Section: Score: 36% *Since...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online