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A ledger containing customer information is typically called an "accounts receivable ledger" or "customer ledger." This ledger tracks all transactions related to customer accounts, including sales, payments, and outstanding balances. It helps businesses manage customer credit and monitor cash flow.
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What is the meaning of Purchase ledger and the Sales ledger duties in an international trading company?
Purchase ledger is the list of all the companies suppliers and how much they are owed by the company. The duties of the purchase ledger clerk will be to input purchase invoices and pay the suppliers when the invoices are due Sales ledger is a list of all the companies customers and how much they owe the company. The duties of a sales ledger clerk will be to raise sales invoices and collect the cash from customers when it is due
What are the four divisions of the ledger?
The four divisions of the ledger are the general ledger, which contains all the accounts for recording transactions; the accounts payable ledger, which tracks amounts owed to suppliers; the accounts receivable ledger, which monitors amounts owed by customers; and the cash ledger, which records all cash transactions. Together, these divisions help in organizing financial data and ensuring accurate financial reporting.
Did Heath Ledger die before the batman movie was done being shot?
No, Heath Ledger died while making a movie called "The Imaginarium of Dr. Parnassus".
What is another name for General Ledger?
Another name for the General Ledger is Nominal Ledger.
What is the purpose of the general ledger?
what is the purpose of the ledger?
What do you call the subsidiary ledger where individual accounts with customers are included?
asset ledger accounts receivable ledger
What is the primary ledger containing all the balance sheet and income statement accounts is the?
General Ledger
What is a book containing a list of things sold in a shop?
Ledger
What are the lines that extend the staff called?
The lines that extend the staff are called ledger lines.
The controlling account in the general ledger that summarizes the debits and credits to the individual customers accounts in the subsidiary ledger is entitled?
Accounts Receivable.
Where does the sum of customers' unpaid balances that is compared to the general ledger balance comes from?
The sum of customers unpaid balance or balance of account receivables in the General Ledger usually comes from a subsidiary ledger which contains an individual account receivable for each customer, the total of these accounts are summed and placed in one single account in the "general ledger".
What is the meaning of Purchase ledger and the Sales ledger duties in an international trading company?
Purchase ledger is the list of all the companies suppliers and how much they are owed by the company. The duties of the purchase ledger clerk will be to input purchase invoices and pay the suppliers when the invoices are due Sales ledger is a list of all the companies customers and how much they owe the company. The duties of a sales ledger clerk will be to raise sales invoices and collect the cash from customers when it is due
What are the lines that extend the lower and upper ranges of the staff called?
bar line Sorry, bar lines separate music into repeating rhythmic patterns. The lines that extend the range of the staff are called ledger lines.
How is subsidiary ledger different to the general ledger?
A subsidiary ledger is a group of similar accounts whose combined balances equal the balance in a specific general ledger account. The general ledger account that summarizes a subsidiary ledger's account balances is called a control account or master account. For example, an accounts receivable subsidiary ledger (customers' subsidiary ledger) includes a separate account for each customer who makes credit purchases. The combined balance of every account in this subsidiary ledger equals the balance of accounts receivable in the general ledger. Posting a debit or credit to a subsidiary ledger account and also to a general ledger control account does not violate the rule that total debit and credit entries must balance because subsidiary ledger accounts are not part of the general ledger; they are supplemental accounts that provide the detail to support the balance in a control account.
What was heath ledger's child's name?
Heath Ledger's daughter (with actress Michelle Williams) is called Matilda Rose Ledger.
Management could determine the amounts due from customers by examing which ledger account?
Accounts Receivable
What are the four divisions of the ledger?
The four divisions of the ledger are the general ledger, which contains all the accounts for recording transactions; the accounts payable ledger, which tracks amounts owed to suppliers; the accounts receivable ledger, which monitors amounts owed by customers; and the cash ledger, which records all cash transactions. Together, these divisions help in organizing financial data and ensuring accurate financial reporting.
