Question: PLEASE Provide Complete Work In Correct Order. 12. The Mighty Power Tool Company has the following accounts on its books Amount Owed (S) 50,000 35,000
12. The Mighty Power Tool Company has the following accounts on its books Amount Owed (S) 50,000 35,000 15,000 75,000 42,000 18,000 82,000 36,000 Age (days) 35 Customer ABC DEF GHI KLM NOP QRS TUV WXY 10 40 12 53 90 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
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