Answered

Welcome to Westonci.ca, your go-to destination for finding answers to all your questions. Join our expert community today! Discover a wealth of knowledge from professionals across various disciplines on our user-friendly Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

For billing and collection purposes, companies keep a separate accounts receivable account for each customer called a ______ account. Multiple choice question. subsidized general temporal subsidiary temporary

Sagot :

Tundexi

A subsidiary account are the separate accounts of receivable account for each customer mostly from billing and collection purposes.

What are subsidiary account?

This refers to an account kept within a subsidiary ledger which is then summarizes into a control account in the general ledger.

Hence, it is also the separate accounts of receivable account for each customer mostly from billing and collection purposes.

Therefore, the Option D is correct.

Read more about subsidiary account

brainly.com/question/16046062

#SPJ1

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.