E7 11 (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 |
Instructions
Age the balance and specify any items that apparently require particular attention at year end.