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    Business
  3. Study Set
    Financial Accounting Information for Decisions
  4. Exam
    Exam 17: Accounting With Special Journals
  5. Question
    The Accounts Receivable Ledger
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The Accounts Receivable Ledger

Question 3

Question 3

Multiple Choice

The accounts receivable ledger:


A) Is for recording credit sales.
B) Is for storing transactions data for individual customers.
C) Is for storing transactions data for individual creditors.
D) Is for recording cash receipts from customers.
E) Is also the controlling account.

Correct Answer:

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