2) The balance in Accounts Receivable, the control account, must always equal the total of all accounts in the accounts receivable subsidiary ledger. 3) The maturity date of a note refers to the date the note must be repaid. 4) The accounts receivable turnover indicates how often accounts receivable are received and collected during the period. 5) Plant assets refer to nonphysical assets that are used in the operations of a business. 6) Plant assets are used in operations and have useful lives that extend over more than one accounting period