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12.30 - ANSWER ALL PLEASE, pay attention to the rounding rules! Problem 12.30 Ginseng Company collects 45.0 percent of its receivables in 10 days or

12.30 - ANSWER ALL PLEASE, pay attention to the rounding rules!

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Problem 12.30 Ginseng Company collects 45.0 percent of its receivables in 10 days or fewer, 31 percent in 11 to 30 days, 7 percent in 31 to 45 days, 7 percent in 46 to 60 days, and 10.0 percent in more than 60 days. The company has $1,050,000 in accounts receivable. Prepare an aging schedule for Ginseng Company. (Round accounts receivable to the nearest whole dollar, eg, 5,275 and 96 of total account to 1 decimal place, eg. 12.2%.) % of Total Account ge of Accounts (in days) 0-10 11-30 31-45 46-60 Over 60 Total Value of Account 100.0%

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