To find the balance due from an individual customer,the accountant would refer to
A) the sales journal.
B) the Sales account in the general ledger.
C) the accounts receivable subsidiary ledger.
D) the Accounts Receivable account in the general ledger.

Question

Quizplus · Accepted Answer

The accounts receivable subsidiary ledger contains a record for each individual customer and their respective balances, making it the best choice for determining the balance due from a specific customer. The sales journal and Sales account in the general ledger provide information about total sales, but not individual customer balances. The Accounts Receivable account in the general ledger provides a summary of all accounts receivable, but not individual customer balances.

To Find the Balance Due from an Individual Customer,the Accountant