Business

24 May, 15:23

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.

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