DASA Company

Aging of Accounts Receivable

As of December 31, 2018

Age Classification

Customer Balance 0-30 days 31-60 days 61-90 days 91-120 days >120 days

A P35,000 10, 000 25, 000

B 23, 700 13, 000 10, 700

C 41, 800 20,800 21, 000

D 44, 000 31, 000 13, 000

E 27, 000 27, 000

F 18, 100 18, 100

TOTAL 189, 600 57, 800 56, 000 34, 000 31, 100 10, 700

Provision rate 1% 2% 5% 10% 45%

Required P11, 323 578 1, 120 1, 700 3, 110 4, 815

allowance