Examlex
In practice,the Fed's policy of targeting ________ in the 1960s proved to be ________,destabilizing the economy.
Account Receivable
Money owed to a company by its debtors for goods or services that have been delivered or sold but not yet paid for.
Subsidiary Ledgers
Detailed ledgers that provide a breakdown of individual accounts that are summarized in the general ledger.
Customers Ledger
A subsidiary ledger containing individual accounts for customers, showing each customer's sales, payments, returns, and the current balance owed.
Creditors Ledger
A ledger that keeps records of the amounts owed by the business to its suppliers or creditors.
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