Accounting (Text Only)

26th Edition
Carl Warren + 2 others
ISBN: 9781285743615



Accounting (Text Only)

26th Edition
Carl Warren + 2 others
ISBN: 9781285743615
Textbook Problem

Why would a company maintain separate accounts receivable ledgers for each customer, as opposed to maintaining a single accounts receivable ledger for all customers?

To determine

Accounts Receivable Ledger

Accounts receivable ledger is a sub-ledger that records all credit sales of a business. It segregates all debit memos, credit memos and amount invoiced to the customers in one record.

To explain: The reasons for which a company maintains separate accounts receivable ledger for each customer.


The separate accounts receivable ledger accounts keep the record of each customer individually, which helps the business management to identify which customers are liable to pay, and the how much they liable to pay, and the period from which the amount has been outstanding.

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