This document is prepared on a regular basis to accumulated and summarize all the transactions that have taken place between the customer and the company within the period.
A)Accounts receivable journal
B)Sales invoice
C)Subsidiary journal
D)Customer account statements

Question

Quizplus · Accepted Answer

Customer account statements are prepared on a regular basis to accumulate and summarize all the transactions that have taken place between the customer and the company within the period. This document is sent to the customer and contains information such as invoices, payments, and balances owed. It is an important tool for customer service and collections purposes. Accounts receivable journal, sales invoice, and subsidiary journal are internal documents used by the company for accounting purposes.

This Document Is Prepared on a Regular Basis to Accumulated