An accounts receivable ledger is a:
A. Ledger that contains all financial statement accounts of a business.
B. Book of original entry that is designed and used for recording only sales on credit.
C. Subsidiary ledger that contains an account for each supplier.
D. Subsidiary ledger that contains a separate account for each party that grants both short-term and long-term credit on account to the company.
E. List of the separate accounts that show the balances outstanding from credit customers.
Answer: E
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Answer the following statement true (T) or false (F)
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