$$\text { Match each subsidiary ledger and general ledger posting to one of the descriptions of activities } ( a - e ) \text {. }$$

question 167

Short Answer

$$\text { Match each subsidiary ledger and general ledger posting to one of the descriptions of activities } ( a - e ) \text {. }$$
-Accounts receivable subsidiary ledger/Accounts Receivable Cr.
a. Purchases on account
b. Collections from customers on account
c. Adjustment for expired insurance
d. Payments to creditors on account
e. Sales on account

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