The Accounts Receivable Period Is the Time That Elapses Between

question 84

Multiple Choice

The accounts receivable period is the time that elapses between the _____ and the ____.

• A)purchase of inventory; payment to the supplier
• B)purchase of inventory; collection of the receivable
• C)sale of inventory; payment to supplier
• D)sale of inventory; collection of the receivable
• E)sale of inventory; billing to customer

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