Recording to the accounts receivable ledger is done
A) daily.
B) monthly.
C) bi-weekly.
D) when requested.

Question

Quizplus · Accepted Answer

Recording to the accounts receivable ledger should be done on a daily basis to ensure accurate and up-to-date information is available for the business to make informed decisions regarding credit and collections. Waiting until the end of the month or longer can lead to errors, late payments, and ultimately, a decrease in cash flow.

Recording to the Accounts Receivable Ledger Is Done