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Route Canal Shipping Company has the following schedule for aging of accounts receivable: a. Calculate the percentage of amount due for each month Age of

Route Canal Shipping Company has the following schedule for aging of accounts receivable:

a. Calculate the percentage of amount due for each month

Age of Receivables April 30, 20X1

(1) (2) (3) (4)

Month, Age of Account, Amount, % of amount due

April , 030, $ 156,240, _______

March, 3160, $ 78,120, _______

February, 6190, $117,180, _______

January, 91120, $39,060, _______

Total receivables $ 390,600 100%

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