A list of all the accounts in the accounts receivable ledger with their balances and the total is a(n):
A)Chart of accounts
B)Controlling account
C)Schedule of accounts receivable
D)Subsidiary ledger
E)Special journal

Question

Quizplus · Accepted Answer

A list of all the accounts in the accounts receivable ledger with their balances and the total is a Schedule of accounts receivable. It provides a detailed breakdown of the customer accounts and their current balances. The other options such as chart of accounts, controlling account, subsidiary ledger and special journal do not specifically relate to a list of accounts receivable and their balances.

A List of All the Accounts in the Accounts Receivable