At the Time the Jepson Plumbing Supply Prepared Its Financial

Multiple Choice

At the time the Jepson Plumbing Supply prepared its financial statements, it had several customers who bought goods over the past three months on its "90 days same as cash" credit plan. These customers had not yet paid their bills, but they have good credit ratings and Jepson is confident that they will make their payments on time. The amount these credit customers owe would show up as part of the:

A) current assets listed on Jepson's balance sheet.
B) current liabilities listed on Jepson's balance sheet.
C) a deferred cash flow on Jepson's statement of cash flows.
D) unrealized revenue reported on Jepson's income statement.