Q192
What does 'aged debtors analysis' signify?
A.
shows how long debts have been outstanding
AnswerB.
How old the customers are
C.
How long does a business take to repay the bank loans
D.
Minimum number of old debtors
Answer: Option A
Solution
Answer: Option A
Solution:
Aged debtors analysis shows how long debts have been outstanding. An aged debtors report is a totalled list of all the invoices your customers haven't yet paid you for, less any credit notes you've issued to your customers and not yet refunded them for.