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

Question

Quizplus · Accepted Answer

The accounts receivable subsidiary ledger contains individual customer accounts and their respective balances, making it the best choice for finding the balance due from an individual customer. The sales journal and sales account in the general ledger contain information about sales transactions but do not provide specific information about individual customer balances. The Accounts Receivable account in the general ledger provides an overall balance for all accounts receivable, but again does not provide specific information about individual customer balances.

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