A list of all the accounts in the accounts receivable ledger with their balances and the total is a:
A)Schedule of accounts.
B)Controlling account.
C)Schedule of accounts receivable.
D)Subsidiary ledger.
E)Special journal.

Question

Quizplus · Accepted Answer

A schedule of accounts receivable lists all the accounts and their balances in the accounts receivable ledger. It is a detailed breakdown of the controlling account in the general ledger, which summarizes the total amount owed by all customers.

A List of All the Accounts in the Accounts Receivable