Accounts Receivable Ledger

A subsidiary ledger listing individual credit customer accounts. The accounts receivable ledger lists all the accounts that are owed by customers to the company, in an aging AR trial balance format. Common categories of accounts receivables include 1-30 days, 31 - 60 days, 61 - 90 days and 90 days+. The longer an AR is outstanding, the difficult it becomes to collect on such accounts.

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