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Which of the following statements is false?
Customer's Ledger
A ledger that contains the individual accounts of customers, showing their transactions and balances.
Accounts Receivable
Funds that clients or customers owe to a company for products or services that have been provided but not yet compensated for.
General Ledger
A comprehensive set of accounts that provides a complete record of all the financial transactions of a business.
Sales Tax
A consumption tax imposed by the government on sales of goods and services, collected by retailers at the point of sale and passed on to the government.
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