When a business uses a subsidiary accounts receivable ledger, there is no need to keep a summary accounts receivable account in the general ledger.
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Q1: The accounts receivable ledger is simply a
Q2: The types of special journals a business
Q4: Posting from the sales journal to the
Q6: A journal designed for entering only purchases
Q7: "S14" in the Posting Reference column of
Q8: There is no need to total columns
Q10: Each special journal allows for specific transactions.
Q11: After the posting of the accounts receivable
Q11: The cash receipts journal is posted to
Q24: For the merchant, bank credit card sales
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