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In Order to Properly Monitor Customer Payments and Determine the Amount

Question 95

Multiple Choice

In order to properly monitor customer payments and determine the amount of an allowance for uncollectible accounts, a(n) _________ should be generated to analyze all customer balances and the respective lengths of time that have elapsed since payments were due.


A) Bank reconciliation
B) Accounts receivable report
C) Accounts receivable aging report
D) Uncollectible accounts report

Correct Answer:

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