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Colt1911 [192]
3 years ago
10

Cumberland, Inc. has applied to its bank for a loan. The bank asks Cumberland's controller about the total amount of the company

's accounts receivable. Assuming that all accounting records are up-to-date, the controller can best answer this question by referring to:
A. The Income Statement.
B. The Accounts Receivable controlling account.
C. The Accounts Receivable subsidiary ledger.
D. Last year's Balance Sheet.
Business
1 answer:
torisob [31]3 years ago
3 0

Answer:

B. The Accounts Receivable controlling account.

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4 years ago
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