04) 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. 65) A credit sale of $5,275 to a customer would result in which of the following? A) A debit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable subsidiary ledger. B) A credit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable subsidiary ledger. C) A debit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable subsidiary ledger. D) A credit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable subsidiary ledger. E) A credit to Sales and a credit to the customer's account in the accounts receivable subsidiary ledger. 71) A promissory note: A) Is a short-term investment for the maker. B) Is a written promise to pay a specified amount of money at a certain date. C) Is a liability to the payee. D) Is another name for an installment receivable. E) Cannot be used in payment of an account receivable. 72) The maturity date of a note receivable: A) Is the day of the credit sale. B) Is the day the note was signed. C) Is the day the note is due to be repaid. D) Is the date of the first payment. E) Is the last day of the month