Accounts receivable subsidiary ledger account


When reconciling its accounts, Ajax Company found the accounts receivable general ledger account had a balance of $30,000, and the accounts receivable subsidiary ledger account balances totaled $28,000. The most likely reason for this difference was:

a) a sale to a customer was recorded twice in the subsidiary ledger

b) cash received from a customer was posted twice to the subsidiary ledger

c) a sale to a customer was not posted to the general ledger

d) cash received from a customer was recorded twice in the general ledger

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Accounting Basics: Accounts receivable subsidiary ledger account
Reference No:- TGS092468

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