Question

Which one of the following reports helps track past due bills and bills that are due shortly? Multiple Choice Accounts Payable Aging Summary Customer Aging Summary Accounts Receivable Aging Summary Vendor Aging Report

Answer 1

Answer:

Accounts Payable Aging Summary

Explanation:

The account payable aging summary refers to the summary of the past due bills and the bills which are due shortly. It shows the amount which we have to pay in the prescribed time limit i.e 30 days 45 days etc

Therefore the reports which is needed to track the past due bills and that are due shortly we called as the account payable aging summary

Hence, the first option is correct