Question

ercise 7-11 Wildhorse, Inc. includes the following account among its trade receivables. Hopkins Co. 1/1 Balance forward 890 1/28 Cash (#1710) 1,210 1/20 Invoice #1710 1,210 4/2 Cash (#2116) 1,540 3/14 Invoice #2116 1,540 4/10 Cash (1/1 Balance) 232 4/12 Invoice #2412 1,910 4/30 Cash (#2412) 900 9/5 Invoice #3614 510 9/20 Cash (#3614 and part of #2412) 869 10/17 Invoice #4912 880 10/31 Cash (#4912) 880 11/18 Invoice #5681 2,180 12/1 Cash (#5681) 1,332 12/20 Invoice #6347 800 12/29 Cash (#6347) 800 Age the balance.