Question: Hello class, 1) Why would a company maintain separate accounts receivable.... The accounts receivable ledger shows the transactions and payment history of each customer of
Hello class,
1) Why would a company maintain separate accounts receivable.... The accounts receivable ledger shows the transactions and payment history of each customer of who the business extends credit.
2) What is something you learned from the chapter, or what is something that you are finding a bit confusing for the chapter? Explain in depth.
I learned that there are so many different ledger, balance, revenue journals, that if you dont pay attention you could really mess things up. I get confused on all of them until i sit down and do the homework over and over, then i get it, but when it comes to the tests and you have word problems, I get confused again. There is a lot to accounting that I really didnt know. All my friends say, Oh I can help you, but then when they look at what i am really talking about, their like your on own.
Thanks for reading,
Maria G.
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