You Have Recently Been Hired as an Accounting Intern for Jefferson

question 32

Multiple Choice

You have recently been hired as an accounting intern for Jefferson Mills.The job that you have been assigned for today is to compile a spreadsheet that has six columns.The column headings are: Invoice #; Customer name; < 30 days; 31-60 days; 61-90 days; > 90 days.You are to list every unpaid invoice by customer name with the amount owed entered into the appropriate column for the number of days between the sale date and today.Once you have completed that,you are to sort the report by customer name and then total the amounts listed in each column.What is this report called?

• A)credit report
• B)aging schedule
• C)risk assessment report
• D)turnover delineation
• E)receivables consolidation report

---

Definitions:

Bricklayers

Tradespeople who lay bricks, concrete blocks, and other types of masonry materials to construct or repair walls, partitions, and other structures.

Wage Rate

The pay a worker gets for each unit of time or output produced.

Power Cords

Electrical cables specifically designed to connect an appliance or device to the main electricity supply, enabling it to operate.

Median Earnings

The middle value of income distribution, where half of the population earns more and half earns less.