Amounts owed by customers for credit purchases are recorded in the Accounts Receivable Subsidiary Ledger. This ledger maintains individual customer account balances, while the General Ledger shows only the total receivables as a control account.
Where are amounts owed by customers for credit purchases found :
CUET UG 2023 — Accountancy Computerised Accounting
2023mcqmedium
Where are amounts owed by customers for credit purchases found :
Official previous-year question
Held on 11 Jun 2023 · Verified 13 Jul 2026.
Options
- A
Accounts Receivable Journal
- B
General Ledger
- C
Sales Journal
- D
Accounts Receivable Subsidiary Ledger
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