Question: 3.3 REQUIRED Study the following ageing schedule and comment on the collection of debtors by MS Suppliers. (5 marks) INFORMATION The following ageing schedule was

3.3 REQUIRED

Study the following ageing schedule and comment on the collection of debtors by MS Suppliers. (5 marks)

INFORMATION The following ageing schedule was provided by MS Suppliers for March 2021.

The credit terms to debtors are 30 days

Debtor Credit Limit Balance Current 30 days 60 Days 90 days+
W. white 50 000 54 000 20 000 18 000 16 000
T. nkosi 60 000 40 000 40 000
S. Singh 2 600 2 990 2990
G. Coetzw 24 000 10 000 12 000 2 000

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