Answer:
D. accounts receivable subsidiary ledger. is the correct answer.
Step-by-step explanation:
- A record showing the activity and the balances owed by each customer is called the accounts receivable subsidiary ledger.
- An accounts receivable subsidiary ledger is an accounting entry that gives the transaction and pays records of all clients to whom the company extends the credit.
- Without the subsidiary ledger, a business with various customers would have a problem tracing client pays and transactions.
- accounts receivable subsidiary ledger simply provides information about the control account in a general ledger.