Accounts receivable information for specific customers is important because it reveals:
A) How much each customer has purchased on credit.
B) How much each customer has paid.
C) How much each customer still owes.
D) The basis for sending bills to customers.
E) All of these.

Question

Quizplus · Accepted Answer

Accounts receivable information for specific customers provides all of the mentioned information, including how much each customer has purchased on credit, how much they have paid, how much they still owe, and the basis for sending bills to customers.

Accounts Receivable Information for Specific Customers Is Important Because It