A document sent to each customer showing his or her beginning accounts receivable balance and the amount and date of each sale, cash payment received, any debit or credit memo issued, and the ending balance is the
A. accounts receivable subsidiary ledger.
B. monthly statement.
C. remittance advice.
D. sales invoice.
Answer:B
A document sent to each customer showing his or her beginning accounts receivable balance and the amount and date of each sale, cash payment received, any debit or credit memo issued, and the ending balance is the
A. accounts receivable subsidiary ledger. B. monthly statement. C. remittance advice. D. sales invoice.