Question

T.J. Peppercorn owes $6625 from two invoices; invoice no. 218, dated September 14, in the amount of $3025; and invoice no. 568, dated October 9, in the amount of $3600. 2) J. Ardis owes $6400 from two invoices; invoice no. 574, dated November 19, in the amount of $3400; and invoice no. 641, dated December 5, in the amount of $3000. 3) ) N. Selstad owes $7000 from two invoices; invoice no. 118, dated August 15, in the amount of $3200; and invoice no. 168, dated July 9, in the amount of $3800. (Marks 5) Required: a) Complete the aging schedule as of December 31 by adding omitted three accounts receivable.

Answer 1

Explanation:

T.J. Peppercorn owes $6625 from two invoices; invoice no. 218, dated September 14, in the amount of $3025; and invoice no. 568, dated October 9, in the amount of $3600. 2) J. Ardis owes $6400 from two invoices; invoice no. 574, dated November 19, in the amount of $3400; and invoice no. 641, dated December 5, in the amount of $3000. 3) ) N. Selstad owes $7000 from two invoices; invoice no. 118, dated August 15, in the amount of $3200; and invoice no. 168, dated July 9, in the amount of $3800. (Marks 5) Required: a) Complete the aging schedule as of December 31 by adding omitted three accounts receivable.