Question
Requirements: Use the following table to determine the total accounts receivable based on aging: Age of Receivables Amount Outstanding 0-30 days $20,000 31-60 days $15,000
Age of Receivables | Amount Outstanding |
0-30 days | $20,000 |
31-60 days | $15,000 |
61-90 days | $10,000 |
Over 90 days | $5,000 |
Calculate the total accounts receivable.
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
7th Canadian edition
1119368456, 978-1119211587, 1119211581, 978-1119320623, 978-1119368458
