Question: Question 1 : Accounts Receivable ( 2 8 marks ) An aging analysis of Ayala Ltd ' s accounts receivable at December 3 1 ,

Question 1: Accounts Receivable (28 marks)
An aging analysis of Ayala Ltd's accounts receivable at December 31,2023 and 2022, showed the following:
\table[[\table[[Number of Days],[Outstanding]],Accounts Receivable,\table[[Estimated Percentage]]],[2023,2022,],[0-30 days,$235,000,$225,000,2%
Question 1: Accounts Receivable (28 marks) An aging analysis of Ayala

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