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Widgets, Inc. makes a $300 on Widhets, Inc. makes a $300 account sale to Custom Motors. How is the
sale recorded in the Accounts Receivable subsidiary ledger?

A. It is recorded upon payment.
B. as a $300 credit
C. as a $300 debit
D. as a $300 payment

Respuesta :

As widgets Inc. makes a $300 on Widhets, Inc. makes a $300 account sales to custom motors. The sale will be recorded in the Accounts Receivable subsidiary ledger as a $300 debit.

What do you mean by accounts receivable subsidiary ledger?

An accounts receivable subsidiary ledger refers to an accounting ledger showing transactions and payment history of customer to whom the business has provided some credit.

The accounts receivables subsidiary ledger provides detailed insight into the business. To record a credit sale, customer receivables account is debited and sales revenue account is credited.

Therefore, C is the correct option.

Learn more about accounts receivables subsidiary ledger here:

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