Detailed Ledger

Accounts Receivable Ledger
An Accounts Receivable Ledger is a detailed listing of transactions for each customer, showing how much each customer owes. Each transaction that generates a receivable is recorded under that customer, making it possible to determine individual balances. The total balance in this ledger should match the corresponding figure in the General Ledger.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.