Templates for Chapter 6-AUA)

School: DePauw University - Course: ECON 220B - Subject: Accounting

6-68 (pg.275)Aging of Accounts Receivable NameTotal1-30 days31-60 days Akita25,000 Michael's8,0002,0006,000 Rose's12,0004,800 Loring Hjortshoj Other accounts Totals Bad Debt %0.2%0.8% Bad Debt Allowance to be provided

61-90 daysover 90 days 20,0005,000 7,200 10%85%

6-69 (pg.276)Percentage of Ending A/R balance A/R AT END OF YEAR20X1216,0008,000 20X2170,0007,572 20X3195,0007,000 20X4230,00010,300 20X5275,00013,000 20X6240,0009,820 SIX YEAR TOTAL1,326,00055,692 AVERAGE (DIVIDE BY 6)221,0009,282 % to Ending A/R4.20% A/R balance (Current Period)250000 Estimated AUA ending balance 9900