Which ledger control account records amounts owed by customers

date:2026-04-16 16:21:29 author:admin browse: time View comments Add Collection

Which ledger control account records amounts owed by customers

Which ledger control account records amounts owed by customers?

A. Payables ledger control account

B. Receivables ledger control account

C. Cash book control account

D. Nominal ledger control account

Answer: B

Explanation: The receivables ledger control account summarizes all amounts owed by credit customers; the payables account relates to suppliers.