Which aspect of customer statements aids in aging analysis?

The aging summary is a crucial aspect of customer statements that aids in aging analysis because it provides a clear breakdown of outstanding invoices based on their due dates. This summary categorizes receivables into different age intervals, such as current, 30 days past due, 60 days past due, and so on. By organizing the data in this manner, businesses can easily identify which invoices are overdue and how long they have been outstanding. This information is instrumental in assessing customer credit risk, prioritizing collections, and managing cash flow effectively.

In contrast, the other options do not directly support aging analysis. Transaction limits refer to caps on transaction amounts rather than how overdue payments are tracked. Cumulative sales totals provide insights into total sales performance, but they do not focus on the timing of payments or outstanding debts. Billing address verification ensures that invoices are sent to the correct location but does not influence the analysis of whether payments have been made on time.