Account among its trade receivables

Assignment Help Accounting Basics

Reference no: EM13332085

E7-11
CA
(Bad Debts-Aging)

Puckett, Inc. includes the following account among its trade receivables.

Alstott Co.

1/1 Balance forward 700
1/28

Cash (#1710) 1,100
1/20 Invoice #1710 1,100
4/2

Cash (#2116) 1,350
3/14 Invoice #2116 1,350
4/10

Cash (1/1 Balance) 255
4/12 Invoice #2412 1,710
4/30

Cash (#2412) 1,000
9/5 Invoice #3614 490
9/20

Cash (#3614 and part of #2412) 890
10/17 Invoice #4912 860
10/31

Cash (#4912) 860
11/18 Invoice #5681 2,000
12/1

Cash (#5681) 1,250
12/20 Invoice #6347 800
12/29

Cash (#6347) 800

Age the balance.

Balance 1/1 $
4/12
11/18

$

Reference no: EM13332085

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