An Accounts Receivable Ledger Is

question 3

Multiple Choice

An Accounts Receivable ledger is

• A) A subsidiary ledger that contains an account for each credit customer
• B) A list of the balances of all the accounts in the Accounts Receivable ledger that is added to show the total amount of accounts receivable outstanding
• C) A book of original entry that is designed and used for recording only a specified type of transaction
• D) The ledger that contains the financial statement accounts of a business
• E) A subsidiary ledger that contains a separate account for each party that grants credit on account to the entity

---

Definitions:

Interval Variables

Variables that have measurable distances between the values they can take, but no true zero point, allowing for the quantification of differences between values.

Scatter Diagram

A graph used to illustrate the relationship between two variables by displaying points that each represent an observation.

Graphically Displayed

Graphically Displayed refers to the visual representation of data or statistical information, such as in charts, graphs, or plots, to facilitate understanding.

Scatter Diagram

A graph used to represent the values of two variables for a set of data, showing how much one variable is affected by another.