The accounts receivable section of the accounting department in Wind Power, Inc., maintains subsidiary ledgers that are

Question:

The section of the accounting department in Wind Power, Inc., maintains subsidiary ledgers that are posted from copies of the sales invoices transmitted daily from the billing department. How may the section be sure that it receives promptly a copy of each sales invoice prepared?

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...