Accounts Receivable Subsidiary Ledger

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Definition: Accounts Receivable Subsidiary Ledger

Accounts Receivable Subsidiary Ledger
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Full Definition of Accounts Receivable Subsidiary Ledger

A type of ledger used in a company’s accounting procedures that separates out the history of payments and transactions for each of the company’s customers who have had credit extended to them by the company. The ledger is a temporary account, and is used to aide any updates made to the permanent asset accounts at the end of each period.

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Accounts Receivable Subsidiary Ledger. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/accounts-receivable-subsidiary-ledger/.
Chicago Manual of Style (CMS):
Accounts Receivable Subsidiary Ledger. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/accounts-receivable-subsidiary-ledger/ (accessed: April 23, 2024).
American Psychological Association (APA):
Accounts Receivable Subsidiary Ledger. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/accounts-receivable-subsidiary-ledger/

Definition Sources

Definitions for Accounts Receivable Subsidiary Ledger are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.