Which one of the following reports will tell me the percentage of accounts receivable that are delinquent by 90 days or more?
A)Cash budget
B)5Cs of credit
C)Credit analysis
D)Aging schedule
E)Credit scoring report

Question

Quizplus · Accepted Answer

An aging schedule is used to track the age of accounts receivable and categorize them by how many days they are past due. This report will provide the percentage of accounts receivable that are delinquent by 90 days or more.

Which One of the Following Reports Will Tell Me the Percentage