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A firm has the following accounts receivable: customer amount owed days outstanding A $1,000 15 B 530 32 C 680 45 D 1,050 18 E
A firm has the following accounts receivable:
customer amount owed days outstanding
A $1,000 15
B 530 32
C 680 45
D 1,050 18
E 115 63
F 320 22
If the firm's terms are n30, construct an aging schedule showing the percent of accounts that are one and two months overdue.
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