The Accounts Receivable ledger is
A) Used for recording credit sales
B) Used for storing transaction data for individual customers
C) Used for storing transaction data for individual creditors
D) Used for recording cash receipts from customers
E) Also the controlling account

Question

Quizplus · Accepted Answer

The Accounts Receivable ledger is used for storing transaction data for individual customers, detailing amounts owed by each customer.

The Accounts Receivable Ledger Is