Answered

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6. Which type of accounts are found in the receivables ledger?

A. Credit customers
B. Purchases
C. Sales
D. Credit suppliers

Sagot :

GinnyAnswer

Final answer:

Accounts receivable are debts owed to a company by customers for goods or services provided on credit terms.


Explanation:

Accounts receivable are found in the receivables ledger. They represent the money owed to a company by its customers for goods or services provided on credit terms. Types of credit transactions include book credits, bills of exchange, promissory notes, and checks processed via clearing-house.


Learn more about Accounts receivable in the receivables ledger here:

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