What is meant by "aging of accounts"? Aging is according to the time elapsed after...

80.2K

Verified Solution

Question

Accounting

image

What is meant by "aging of accounts"? Aging is according to the time elapsed after the dates of billing. a categorization of the individual accounts receivable classifying accounts receivable as collectible or uncollectible the process of determining when to write-off accounts receivables

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students