Cumberland,Inc.has applied to its bank for a loan.The bank asks Cumberland's controller about the total amount of the company's accounts receivable.Assuming that all accounting records are up-to-date,the controller can best answer this question by
A) The Income Statement.
B) The Accounts Receivable control account.
C) The Accounts Receivable subsidiary ledger.
D) Last year's Balance Sheet.
Correct Answer:
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