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Route Canal Shipping Company has the following schedule for aging of accounts receivable: Age of Receivables April 30, 20X1 (2) (3) (1) Month of Sales

Route Canal Shipping Company has the following schedule for aging of accounts receivable: Age of Receivables April 30, 20X1 (2) (3) (1) Month of Sales April March February January Total receivables Age of Account 0-30 31-60 61-90 91-120 Amounts $ 253,750 145,000 217,500 108,750 $ 725,000 (4) Percent of Amount Due 100%
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Route Canai Shipping Company has the following schedule for aging of accounts receivable

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