The Mighty Power Tool Company has the following accounts on its? books:

Customer	Amount Owed? ($)	Age? (days)
ABC	?47,150	32
DEF	37,500	7
GHI	18,900	14
KLM	72,000	28
NOP	41,450	43
QRS	16,000	11
TUV	84,300	58
WXY	39,500	75

The firm extends credit on terms of 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.

?First, determine the accounts and totals for each? category:

Then determine the percentage of each? category: