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?Which Ledger is used to record the details of customer transactions the Accounts Receivable Ledger the General Ledger the Payroll Ledger the Accounts Payable Ledger

Question

?Which Ledger is used to record the details of customer transactions the Accounts Receivable Ledger the General Ledger the Payroll Ledger the Accounts Payable Ledger

?Which Ledger is used to record the details of customer transactions
the Accounts Receivable Ledger
the General Ledger
the Payroll Ledger
the Accounts Payable Ledger

Solution

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NoraProfessional · Tutor for 6 years

Answer

### A. The Accounts Receivable Ledger

Explain

## Step1: Identify the purpose of each ledger<br />### - The **Accounts Receivable Ledger** records details of customer transactions, such as invoices and payments.<br />### - The **General Ledger** summarizes all financial transactions but does not provide detailed customer-specific information.<br />### - The **Payroll Ledger** tracks employee salary and payroll-related expenses.<br />### - The **Accounts Payable Ledger** records details of amounts owed to suppliers.<br /><br />## Step2: Match the correct ledger to customer transactions<br />### Since customer transactions involve tracking amounts owed by customers and their payments, the **Accounts Receivable Ledger** is the appropriate choice.
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