The accounts receivable ledger is used for storing transactions data regarding individual customers.

Name: The accounts receivable ledger is used for storing transactions data regarding individual customers.
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Quizplus · Accepted Answer

The accounts receivable ledger is specifically designed to track and manage transactions with individual customers. It is a vital tool for tracking payments, balances, and outstanding invoices, and it helps businesses to maintain accurate financial records and manage their cash flow effectively.

The Accounts Receivable Ledger Is Used for Storing Transactions Data