The total of all the A/R sudledgers must equal the total of the Accounts Receivable account.

Name: The total of all the A/R sudledgers must equal the total of the Accounts Receivable account.
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Question

Quizplus · Accepted Answer

This is true because the Accounts Receivable account is a summary account that reflects the total of all the individual subledgers or customer accounts. Therefore, if all the subledgers are correctly maintained and reconciled, their total should match the balance in the Accounts Receivable account.

The Total of All the A/R Sudledgers Must Equal the Total