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    Business
  3. Study Set
    Introduction to Financial Accounting
  4. Exam
    Exam 5: Double-Entry Bookkeeping 2: Books of Prime Entry, Accounting Systems and Other Double-Entry Applications
  5. Question
    Maintaining a Sales Ledger Account for Each Trade Receivable Enables
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Maintaining a Sales Ledger Account for Each Trade Receivable Enables

Question 33

Question 33

True/False

Maintaining a sales ledger account for each trade receivable enables entities to exercise very close control over their trade receivable assets.

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