When you record the entry to the subsidiary ledger and place the checkmark in the PR column, it is not necessary to post to the Accounts Receivable controlling account.

Question

Quizplus · Accepted Answer

Posting to the subsidiary ledger and marking the PR column does not eliminate the need to post to the Accounts Receivable controlling account. Both actions are necessary for maintaining accurate and complete accounting records. The subsidiary ledger provides detail for individual transactions, while the controlling account reflects the total balance in the general ledger.

When You Record the Entry to the Subsidiary Ledger and Place