Accounts where payment has not been made by the due date are known as:
A)bad accounts.
B)doubtful accounts.
C)delinquent accounts.
D)non-notification accounts.

Question

Quizplus · Accepted Answer

Delinquent accounts refer to accounts where payment has not been made by the due date. Bad accounts and doubtful accounts refer to accounts that may not be collectible due to various reasons, while non-notification accounts do not have a clear definition in accounting terms.

Accounts Where Payment Has Not Been Made by the Due