An aging of accounts receivable schedule is based on the premise that the longer the period an account remains unpaid the greater the probability that it will eventually be collected.

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Zybrea Knight · Accepted Answer

Final Answer : False, Explanation :  An aging of accounts receivable schedule is based on the premise that the longer the period an account remains unpaid, the less likely it is to be collected.

An aging of accounts receivable schedule is based on the premise that the longer the period an account remains unpaid the greater the probability that it will eventually be collected.

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