An Accounts Receivable Ledger Is

question 117

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 selected accounts in the accounts receivable ledger that is added to show the total amount of the significant 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 creditor (supplier) to the company.

---

Definitions:

Bone Marrow

A soft, spongy tissue found inside bones that is the primary site of new blood cell production or hematopoiesis.

Lungs

Paired respiratory organs in the chest of vertebrates with structures facilitating gas exchange between blood and the atmosphere, primarily for oxygen uptake and carbon dioxide excretion.

Blood Returning

Refers to the process of blood flowing back to the heart after having circulated through the body's organs and tissues.

Left Atrium

The upper left chamber of the heart that receives oxygen-rich blood from the lungs and pumps it into the left ventricle.