A common approach to keeping a record of each customer's accounts receivable is to use a

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A subsidiary accounts receivable ledger is a separate ledger that records the details of each customer's accounts receivable, including individual transactions, dates, amounts, and balances. This allows for easy tracking of each customer's account and identification of any discrepancies or overdue payments. The sales journal is used to record sales transactions but does not provide detailed information on individual customer accounts. The controlling account and general journal are not specific to accounts receivable and do not serve the same purpose as a subsidiary ledger.

A Common Approach to Keeping a Record of Each Customer's