Receivables EX 8-7 Number of days past due OBJ. 4 lers throughout the Midwest. Toot's...
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Receivables EX 8-7 Number of days past due OBJ. 4 lers throughout the Midwest. Toot's credit terms are n/30. As of the end of business on October 31, the following accounts receivable were past due: Account Avalanche Auto Bales Auto Derby Auto Repair Lucky's Auto Repair Pit Stop Auto Reliable Auto Repair Trident Auto Valley Repair &Tow Due Date August 8 October 11 June 23 September 2 September 19 July 15 August 24 May 17 Amount $12,000 2,400 3,900 6,600 1,100 9,750 1,800 Determine the number of days each account is past due as of October 31. n
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