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Chapter 26.3, Problem 2CC
Summary Introduction

To discuss: The difference between accounts receivable days and an aging schedule.

Introduction:

The number of outstanding days the customer has to pay the firm is termed as accounts receivable days. The table content of summarized division of accounts receivables on different time zone is termed as aging schedule. It shows the span of time of unpaid customers according to the dates which is used to check the due list.

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Accounts Receivable and Accounts Payable; Author: The Finance Storyteller;https://www.youtube.com/watch?v=x_aUWbQa878;License: Standard Youtube License