Create an account
Accounts Receivable subsidiary ledger
a separate ledger that contains accounts for all charge customers; it is summarized in the Accounts Receivable account in the general ledger
A sale in which cash is received for the total amount of the sale at the time of the transaction.
an account in a general ledger that summarizes all accounts in a subsidiary ledger
a form prepared by the vendor showing the amount deducted for returns and allowances
credit allowed a customer for the sale price of returned merchandise, resulting in a decrease in the vendor's accounts receivable
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