Which of the following describes the time period in which accounts receivable remain on the firm's books?

Multiple Choice

• Between when the credit sale is made and when the customer mails the cheque.

• Between when the firm deposits the customer's cheque in the bank and when the bank credits the firm's account.

• Between when the customer mails the cheque and when the bank credits the firm's account.

• Between when the credit sale is made and when the firm deposits the customer's cheque in the bank.

• Between when the credit sale is made and when the bank credits the firm's account.