EX 9-7 Number of days past due
Honest Abe’s Auto Supply distributes new and used automobile parts to local dealers throughout the Northeast. Honest Abe’s credit terms are n/30. As of the end of business on July 31, the following accounts receivable were past due:
| Account | Due Date | Amount |
| Alpha Auto | 15-May | $9,000 |
| Best Auto | 8-Jul | 3,000 |
| Downtown Repair | 18-Mar | 7,500 |
| Lucky’s Auto Repair | 1-Jun | 5,000 |
| Pit Stop Auto | 3-Jun | 750 |
| Sally’s | 12-Apr | 13,000 |
| Trident Auto | 31-May | 1,500 |
| Washburn Repair & Tow | 2-Mar | 1,500 |
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