Question

What report lists each vendor, the balance due to each vendor, and the total amount due to each vendors?

A. Accounts payable ledger
B.balance sheet
C.schedule of accounts receivable
D.schedule of accounts payable

Answer 1

Answer: D. schedule of accounts payable

Explanation: The schedule of accounts payable is a list of all vendors which includes their names, amount payable and due date.

It is also a schedule detailed from the account payable ledger.