Number of Days Past Due
Toot Auto Supply distributes new and used automobile parts to local dealers 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 Due Date Amount
Avalanche Auto August 25 $12,000
Bales Auto October 8 2,400
Derby Auto Repair June 21 3,900
Lucky's Auto Repair September 7 6,600
Pit Stop Auto September 20 1,100
Reliable Auto Repair July 4 9,750
Trident Auto August 20 1,800
Valley Repair & TowMay 174,000
Determine the number of days each account is past due as of October 31.
Answers: 1
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Number of Days Past Due
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