When a business has more than one credit customer, a separate account receivable for each customer must be designed to show all of the following except:
A)How much each customer has purchased.
B)How much remains to be collected from each customer.
C)How much each customer has paid.
D)How much sales tax each customer has paid.
E)All of these should be included.

Question

Quizplus · Accepted Answer

The sales tax paid by each customer is not necessary information to be included in their individual accounts receivable. The other options are all important components to track in individual customer accounts.

When a Business Has More Than One Credit Customer, a Separate