A Ledger That Contains a Separate Account for Each Customer

question 4

Multiple Choice

A ledger that contains a separate account for each customer is called an accounts receivable:

• A) trade ledger
• B) subsidiary ledger
• C) control ledger
• D) current ledger

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Definitions:

Self-Disclose

The process of revealing personal information about oneself to others, which can help in building trust and intimacy.

Trapped

A feeling or situation where an individual or group feels there is no escape or solution, leading to stress or anxiety.

Identity

The characteristics, traits, and beliefs that distinguish one person or thing from another.

Assumptions

Beliefs or ideas accepted as true without proof.