Question

Which of the following questions can a balance sheet help to answer?

O
A. Has too much credit been extended?
B. Is the business making the right products?
C. Does the business have too many employees?
O
D. Does the business have too many customers?

Answer 1

A. Has too much credit been extended

Step-by-step explanation:

The Balance sheet has accounts to determine if a company has too much debtors. This account is called accounts receivables and conform the portfolio of the company clients. It is very relevant to determine if judicial procedures must be set on place in order to collect the money owed to the company by specific clients.