A characteristic of a schedule of accounts receivable is that:
A) it contains a list of customers' names with balances.
B) the total is equal to the accounts receivable control account at the end of the month.
C) it is prepared at the end of the month.
D) All of these answers are correct.

Question

Quizplus · Accepted Answer

The schedule of accounts receivable includes a list of customers and their balances, matches the total of the accounts receivable control account at month-end, and is typically prepared at the end of the month.

A Characteristic of a Schedule of Accounts Receivable Is That