Author Question: The collection abbreviation L1 stands for A) level 1 (debt). B) late 1 (time-frame). C) letter 1 ... (Read 180 times)

appyboo · **on:** Jun 25, 2018

The collection abbreviation L1 stands for
A) level 1 (debt).
B) late 1 (time-frame).
C) letter 1 (sent).
D) line 1 (phone).

Question 2

Overdue accounts organized into categories based on how long they have been delinquent is a(n)
A) profit and loss statement.
B) balance sheet.
C) accounts receivable total.
D) aging analysis.