Question

I want examples of aging schdule

Answer 1

An aging schedule is an accounting table that shows a company’s accounts receivables, ordered by their due dates. Often created by accounting software, an aging schedule can help a company see if its customers are paying on time. It’s a breakdown of receivables by the age of the outstanding invoice, along with the customer name and amount due.

Aging Schedule Example

Sr.No	Customer Name	Total Due	Current (under 30 days)	1 to 30 Days	31 to 60 Days	61 to 90 Days	Over 90 Days
1	ABC Incorporation	1,000,000.00	100,000.00	500,000.00	330,000.00	70,000.00
2	XYZ Ltd	2,500,000.00		1,250,000.00	825,000.00	100,000.00	325,000.00
3	PQR Inco.	1,500,000.00	150,000.00	750,000.00	495,000.00	105,000.00	-
4	Apple Inco.	950,000.00	95,000.00	475,000.00	313,500.00	-	66,500.00
5	Orange Inco.	7,500,000.00	750,000.00	3,750,000.00	2,475,000.00	300,000.00	225,000.00
Total		13,450,000.00	1,095,000.00	6,725,000.00	4,438,500.00	575,000.00	616,500.00