The period of time that extends from the day a credit sale is made until the day the bank credits the seller's account with the payment for that sale is known as the ________ period.
A) float
B) cash collection
C) sales
D) accounts receivable
E) discount

Question

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The Answer of The period of time that extends from the day a credit sale is made until the day the bank credits the seller's account with the payment for that sale is known as the ________ period.
A) float
B) cash collection
C) sales
D) accounts receivable
E) discount

The Period of Time That Extends from the Day a Credit