It is an acceptable business practice to post the accounts receivable ledger daily and the general ledger monthly.

Name: It is an acceptable business practice to post the accounts receivable ledger daily and the general ledger monthly.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Posting the accounts receivable ledger daily ensures accurate tracking of customer transactions, while posting the general ledger monthly is sufficient for overall financial reporting and analysis.

It Is an Acceptable Business Practice to Post the Accounts