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The Mighty Power tool Company has the following accounts on its books: The firm extends credit on terms 1/15 Net 30. Develop an aging schedule

The Mighty Power tool Company has the following accounts on its books: The firm extends credit on terms 1/15 Net 30. Develop an aging schedule using 15-day increments through 60 days, and then indicate any accounts that have been outstanding for more than 60 days

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