Separate accounts receivable information for each customer is important because it reveals all of the following except:

A) How much each customer has purchased on credit.
B) How much each customer has paid.
C) How much each customer still owes.
D) The basis for sending bills to customers.
E) When the customer intends to pay outstanding balances.

Accounts Receivable

Money owed to a business by its clients for goods or services delivered but for which payment has not yet been received.

Credit

An accounting entry that increases the balance of liabilities and equity accounts, and decreases the balance of assets accounts. It is also the provision of resources (such as money) by one party to another with the expectation of repayment.