A schedule of accounts receivable is prepared from the

Name: A schedule of accounts receivable is prepared from the
Brand: Quizplus
Rating: 4.9 (54 reviews)

Question

Quizplus · Accepted Answer

The schedule of accounts receivable is a report that lists all the customers who owe money to the business, along with the amount owed by each. This report is prepared from the list of customer accounts in the accounts receivable ledger, which records all transactions related to sales made on credit. Therefore, option A is the best choice for preparing a schedule of accounts receivable.

A Schedule of Accounts Receivable Is Prepared from the