When a company uses an accounts receivable subsidiary ledger, it must make one entry into the individual
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When a company uses an accounts receivable subsidiary ledger, it must make one entry into the individual account of the subsidiary ledger and another entry into the accounts receivable account of the general ledger. If two entries are made, will the debits equal the credits in the trial balance? Why or why not?
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Related Book For
College Accounting Ch 1-14
ISBN: 9781260904314
1st Edition
Authors: John Wild, Vernon Richardson, Ken Shaw
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